Which bond will most likely experience the smallest percent change in price if the market discount rates

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Which bond will most likely experience the smallest percent change in price if the market discount rates for all three bonds increase by 100 bps?

A . Bond A B . Bond B C . Bond C

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Fixed Income Analysis

ISBN: 9788126563128

3rd Edition

Authors: Barbara S. Petitt, Jerald E. Pinto, Wendy L. Pirie, Bob Kopprasch

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