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Assume that all interest rates in the economy decline from 10% to 9%. Which of the following bonds will have the largest percentage increase in

Assume that all interest rates in the economy decline from 10% to 9%. Which of the following bonds will have the largest percentage increase in price?

A. A 10-year bond with a 11% coupon.

B. A 10-year bond with a 12% coupon.

C. An 8-year bond with a 9% coupon.

D. A 1-year bond with a 15% coupon.

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