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Bond Price Rate A B Coupon 101.886 100.000 97.327 5% 6% 5% Time-to-Maturity 2 years 2 years 3 years a) Which bond offers the lowest

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Bond Price Rate A B Coupon 101.886 100.000 97.327 5% 6% 5% Time-to-Maturity 2 years 2 years 3 years a) Which bond offers the lowest yield-to-maturity? (2 marks) b) Which bond will most likely experience the smallest percent change in price if the market discount rates for all three bonds increase by 100 basis points

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