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3) Holding all other factors constant, which of the following bonds has the most price sensitivity to interest rate movements? a) 6-year, 5% coupon bond

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3) Holding all other factors constant, which of the following bonds has the most price sensitivity to interest rate movements? a) 6-year, 5% coupon bond b) 6-year, 3% coupon bond c) 10-year, 5% coupon bond d) 10-year, 3% coupon bond e) cannot be determined based on information given 4) You own a $1000 par value bond with annual coupon interest of $70 and yield to maturity of 7%. The price of the bond is a) $975 b) $1000 c) $1025 d) $1050 e) cannot be determined from the information given

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