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A change in interest rates for two 10-year bonds with coupon rates of 6% and 10% respectively will A. cause a similar level of changes

A change in interest rates for two 10-year bonds with coupon rates of 6% and 10% respectively will

A.

cause a similar level of changes for both bonds.

B.

cause a bigger change in the price for the bond with a lower coupon rate than the bond with a bigger coupon rate.

C.

cause a smaller change in the price of the bond with a lower coupon rate than the bond with a bigger coupon rate.

D.

not impact on the prices of both bonds.

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