Assume that the market interest rate has fallen down from 10% to 9%. Which of the following bonds would have the largest percentage of changes in price?

Select one:

A) The 1-year bond with a 15% coupon

B The 10year zero-coupon bond

CThe 10-year bond with a 10% coupon

D) The 3-year bond with a 10% coupon

E) The 8 year bond with a 9% coupon Clear my choice