Which of the following statement is correct? The real rate of interest varies with the business cycle, with the highest rates seen at the end of a period of business recession and the lowest at the bottom of a expansion. As interest rates fall, the prices of bonds decline. Zero coupon bonds sell well below their par value because they offer no coupons. All the answers are correct. O The yield to maturity of a bond is the discount rate that makes the future value of the coupon and principal payments equal to the price of the bond