Three $1,000 face value bonds that mature in 10 years have the same level of risk, hence their YTMs are equal. Bond A has an 8% annual coupon, Bond B has a 10% annual coupon, and Bond Chas a 12% annual coupon. Bond sells at par. Assuming interest rates remain constant for the next 10 years, clearly STATE which of the choice(s) is/are CORRECT and which are INCORRECT? if a statement is incorrect, you must briefly explain why. (Note: You can write several full sentences in the answer boxes but keep the explanations to 5- 30 words). a. Bond A's current yield will increase each year. b. Since the bonds have the same YTM, they should all have the same price, and since interest rates are not expected to change, their prices should all remain at their current levels until maturity. c. Bond C sells at a premium (its price is greater than par), and its price is expected to increase as the bond approaches maturity. d. Bond A sells at a discount (its price is less than par), and its price is expected to increase as the bond approaches maturity. e. As the bond approaches maturity. Bond A's price is expected to decrease, Bond B's price is expected to stay the same, and Bond C's price is expected to increase. Correct