A. 30 year 0% coupon, 5% YTM

B. 10 year 0% coupon, 5% YTM

C. 10 year 5% coupon, 5% YTM

D. 10 year 10% coupon 5% YTM

Use the four bonds above to answer

Which bond has the lowest price?

Which bond has the highest price?

Which bond is most sensitive to changes in interest rates?

Which bond is priced at a premium?

Which bonds price will change the least over the next year if the YTM on all bonds stays the same?

Which bond has the lowest duration?