Kevin is evaluating three different bonds as to their suitability for investment. Each bond matures 7 years from today and has a face value of $1,000. The bonds have the same level of risk, such that the yield to maturity is the same for each. Bond P has a 10% annual coupon Bond T has a 11% annual coupon, and Bond X has a 13% annual coupon. Bond T sells at par. Kevin believes that market interest rates will remain at their current level for the next 7 years. Given the above information, which of the following statements is most correct? a. Since the bonds have the same yields to maturity, they should all have the same price, and since interest rates are not expected to change their prices should all remain at their current levels until the bonds mature. O b. Answers C and D are both correct. O C. Bond P sells at a premium, and its price is expected to decrease over the next year O d. Bond X sells at a premium, and its price is expected to decrease over the next year O e. Bond P's price is expected to increase over the next year, Bond X's price is expected to stay the same, and Bond T's price is expected to decrease over the next year