A 15-year coupon bond has a yield to maturity of 8%. The Macaulay duration is 10 years. The modified duration of this bond is 8.4 years 9.26 years 10 years 11.34 years Question 3 1 pts Which set of conditions will result in a bond with greatest interest rate sensitivity? A high coupon and a short maturity A high coupon and a long maturity A low coupon and short maturity A low coupon and long maturity