Falling Interest Rates If you believed that interest rates were going to fall by 50 basis points in a year, which of the follow bonds would you rathe have? Assume annual coupon. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a A bond with a Macaulay Duration of 8.46 years and has a YTM of 7.5% b A bond with a Macaulay Duration of 11.30 years and has a YTM of 10.0% A bond with a Macaulay Duration of 8.75 years and has a YTM of 5.75% d None of the above Save