9. Which of the following statements is NOT correct? 1. Other things being equal, the longer the time to maturity, the greater the chon o in the value of a bond in response to a given change in interest rates. 2. you hold a 5-year zero coupon bond, and a 5-year bond that has a 6% annual coupon. The same YTM, 10% applies to both bonds. If YTM increases from the current level, the zero coupon bond will experience a larger percentage increase in price. 3. The time to maturity affects the change in the value of a bond in response to a given change in interest rates. 4. you hold a 10 year zero coupon bond and a 10 year bond that has a 6% annual coupon. The same market rate, 6%, applies to both Barnes. If the market rate rises from the current level, zero coupon bond will experience a larger percentage decline in price. 5. You hold a 10 year zero coupon bond and a 10 year bond that has a 6% annual coupon. The same market rate, 6%, applies to both bonds. If the market rate drops from the current level, the zero coupon bond will experience a larger percentage increase in price. 9. Which of the following statements is NOT correct? 1. Other things being equal, the longer the time to maturity, the greater the chon o in the value of a bond in response to a given change in interest rates. 2. you hold a 5-year zero coupon bond, and a 5-year bond that has a 6% annual coupon. The same YTM, 10% applies to both bonds. If YTM increases from the current level, the zero coupon bond will experience a larger percentage increase in price. 3. The time to maturity affects the change in the value of a bond in response to a given change in interest rates. 4. you hold a 10 year zero coupon bond and a 10 year bond that has a 6% annual coupon. The same market rate, 6%, applies to both Barnes. If the market rate rises from the current level, zero coupon bond will experience a larger percentage decline in price. 5. You hold a 10 year zero coupon bond and a 10 year bond that has a 6% annual coupon. The same market rate, 6%, applies to both bonds. If the market rate drops from the current level, the zero coupon bond will experience a larger percentage increase in price