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Consider the following four bonds that pay annual coupons: Years to maturity Bond A B Coupon 0% 6% 10% 0% 5 10 20 YTM 5%

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Consider the following four bonds that pay annual coupons: Years to maturity Bond A B Coupon 0% 6% 10% 0% 5 10 20 YTM 5% 7% 9% 8% C D 21) The amount that the price of bond "B" will change if its yield to maturity increases from 7% to 8% is closest to: 22) The percentage change in the price of the bond "C" if its yield to maturity increases from 9% to 10% is closest to: 23) The amount that the price of bond "D" will change if its yield to maturity increases from 8% to 9% is closest to: 24) Which of the four bonds is the most sensitive to a one percent increase in the YTM? 25) Which of the four bonds is the least sensitive to a one percent increase in the YTM

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