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Given a series of semi - annual coupon - paying bonds, all having a coupon rate of 5 % and a face value of $

Given a series of semi-annual coupon-paying bonds, all having a coupon rate of 5% and a face value of $1000.
When the yield-to-maturity increases from 7% to 10%, which one of the following bonds will exhibit the smallest decrease in price?
Answer Choices:
a. Bond with 3 years to maturity
b. Bond with 5 years to maturity
c. Bond with 20 years to maturity
d.Bond with 10 years to maturity

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