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Currently the yield curve (the term structure) is flat. The current yield to maturity on Government of Canada bonds is 5%. You expect the yield

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Currently the yield curve (the term structure) is flat. The current yield to maturity on Government of Canada bonds is 5%. You expect the yield to maturity to drop by 1% tomorrow. Therefore tomorrow the yield to maturity will be 4%. Which one of the following Government of Canada bonds will you purchase today? 15 year, regular bond, coupon rate of 5% and coupons paid annually 15 year, zero coupon bond 5 year, zero coupon bond 5 year, regular bond, coupon rate of 5% and coupons paid annually

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