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13. Which one of the following bonds will have the LOWEST interest rate risk? (a) 7-year; 6 percent coupon. (b) 7-year; 2 percent coupon. (c)
13. Which one of the following bonds will have the LOWEST interest rate risk? (a) 7-year; 6 percent coupon. (b) 7-year; 2 percent coupon. (c) 5-year; 6 percent coupon. (d) 3-year; 6 percent coupon. (e) 3-year; 8 percent coupon
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