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Holding other factors constant, which one of the following bonds has the highest sensitivity to interest rates? A) AAA-rating, 5-year maturity, 5% coupon bond B)
Holding other factors constant, which one of the following bonds has the highest sensitivity to interest rates?
A) AAA-rating, 5-year maturity, 5% coupon bond
B) B-rating, 5-year maturity, 5% coupon bond
C) B-rating, 2-year maturity, 5% coupon bond
D) B-rating, 5-year maturity, 10% coupon bond
E)C-rating, 2-year maturity, 10% coupon bond
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