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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 $1000. When the yield-to-maturity increases from

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 largest decrease in price?

Bond with 10 years to maturity

Bond with 20 years to maturity

Bond with 3 years to maturity

Bond with 5 years to maturity

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