Assume that all interest rates in the economy increase from 9 percent to 10 percent Which of the following bonds will have the SMALLEST percentage decrease in price a 3 percent coupon, 3 year maturity b 30 percent coupon, 30 year maturity c 3 percent coupon, 30 year maturity d 30 percent coupon, 3 year maturity

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

Assume that all interest rates in the economy increase from 9 percent to 10 percent. Which of the following bonds will have the SMALLEST percentage decrease in price?

	a.	3 percent coupon, 3 year maturity
	b.	30 percent coupon, 30 year maturity
	c.	3 percent coupon, 30 year maturity
	d.	30 percent coupon, 3 year maturity

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