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Consider the following bonds: Bond A Coupon Rate (annual payments) 0.0% 0.0% 4.5% 7.7% Maturity (years) 15 10 15 B D 10 What is the

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Consider the following bonds: Bond A Coupon Rate (annual payments) 0.0% 0.0% 4.5% 7.7% Maturity (years) 15 10 15 B D 10 What is the percentage change in the price of each bond if its yield to maturity falls from 6.5% to 5.5%? The price of bond A at 6.5% YTM per $100 face value is $ (Round to the nearest cent.) Consider the following bonds: Bond A B Coupon Rate (annual payments) 0.0% 0.0% 3.5% 8.4% Maturity (years) 10 15 15 10 D Which of the bonds A to D is most sensitive to a 1% drop in interest rates from 6.9% to 5.9%? Which bond is least sensitive? Bond is most sensitive. (Select from the drop-down menu.)

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