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An investor has the choice of investing in one of four 1 0 - year bonds: James Co . ' s bond pays an annual
An investor has the choice of investing in one of four year bonds:
James Cos bond pays an annual coupon of
Alcoa's bond pays an annual coupon of
Veritiv's bond pays an annual coupon of
Dynamix's bond pays an annual coupon of
Holding all else constant, if the bond investor is worried about interest rate risk and would like to buy a bond with the lowest exposure, which bond should he buy?
Group of answer choices
Dynamix
Alcoa
James Co
Veritiv
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