Which of the following bonds would have the greatest change in price if interest rates fall by 1%? Select one: a, 20-year, 10% coupon bond. b, 20-year, 5% coupon bond. C. 1-year, 10% coupon bond. O O d. impossible to tell Acme is issuing new 20-year bonds. Initially, the plan was to make the bonds non-callable. If the bonds were made callable after 5 years at a 5% call premium, how would this affect their required rate of return? 1.5 Select one: O a. There is no reason to expect a change in the required rate of return. O b. The required rate of return would decline because the bond would then be less risky to a bondholder O c. The required rate of return would increase because the bond would then be more risky to a bondholder O d. It is impossible to say without more information. e. Because of the call premium, the required rate of return would decline