The interest rate risk premium can be decreasing with maturity. Long-term treasury bonds should have the same YTM as short-term treasury bonds because they are all risk-free bonds. Question 22 4 pts Five years ago Constellation, Inc., sold an issue of 20-year $1000 par bonds to finance a new distribution terminal. The bonds pay 5.3% APR, semi-annually. Today's required rate of return for similarly rated bonds is 7.4%. How much should these bonds sell for today? (Round off to the nearest $1.) Question 23 3 pts Which of the following statement is correct