Which of the following statements are true? Check all that apply. O if interest rates increase, the coupon rate on newly issued bonds will decrease. Purchasing long-term bonds reduces an investor's interest rate risk. An increase in interest rates will lead to a decrease in the price of an outstanding bond. Rising interest rates result in a capital gain for bondholders. Which of the following bonds has the highest reinvestment rate risk? Zero coupon bond Callable 69 coupon bond Noncallable 69 coupon bond Calable 49 coupon bond