Which of the following statements is true? If interest rates rise, bond prices will rise. O A benefit of a callable bond is the issuer may replace it with a bond that has a higher coupon rate. If market interest rates rise, a 10-year bond will fall in value more than a 1-year bond; all else equal. For a given change in market interest rates, the prices of higher-coupon bonds change more than the prices of lower-coupon bonds. ABC Inc. just issued a twenty-year semi-annual coupon bond at a price of $1,202.42. The face value of the bond is $1,000, and the market interest rate is 9%. What is the annual coupon rate O 9.50% 8.42% O 10.80% O 11.2%