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Consider the following bonds: Bond Coupon Rate Maturity A 0% 10 B 0% 15 C 4% 15 D 8% 10 Which bond's price would change
Consider the following bonds:
| Bond | Coupon Rate | Maturity |
| A | 0% | 10 |
| B | 0% | 15 |
| C | 4% | 15 |
| D | 8% | 10 |
Which bond's price would change by the most (in percentage terms) in response to a 1% change in interest rates?
| Bond A | ||
| Bond B | ||
| Bond C | ||
| Bond D |
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The Global Financial Crisis What Have We Learnt
Authors: Steven Kates
1st Edition
0857934228, 978-0857934222
