Question
Consider that the bonds listed below have the same YTM. Which would have the highest price sensitivity from changing interest rates? Question 13 options: A
Consider that the bonds listed below have the same YTM. Which would have the highest price sensitivity from changing interest rates?
Question 13 options:
|
| A bond with a coupon of 8% and 20 years to maturity |
|
| A zero-coupon bond with 20 years to maturity |
|
| A bond with a coupon of 8% and 5 years to maturity |
|
| A zero-coupon bond with 5 years to maturity |
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Mathematics Of Finance
Authors: Robert Brown, Petr Zima
2nd Edition
0071756051, 9780071756051
