Which of the following statements is CORRECT? a. Othet things beld constant, including the coupon rate, a corporation would rather issue noncallable bonds than callable bonds. b. Other things held constant, a callable bond woald have a lower required rate of return than a noncallable bond because it woald have a shorter expectod life. c. Bonds are exposed to both reinvestment risk and price rivk. Longer-term low-coupon boods, relative to shorter-tern high-coupon bonds, are generally more exposed to reinvestment risk than price risk. d. If a 10 -year, $1,000 par, 10% coupon bond were issued at par, and if interest rates then dropped to the point where fd = YTM = 5%, we could be sure that the bond would soll at a premium above its $1,000 par value. 6. If a 10 -year, $1,000 par, zero.coupen bond were issued at a price that gave investors a 10% yleld to maturity, and if interest rates then dropped to the point where rd = YTM =5%, the bond would siell at a premium over its $1,000 par value