Question
If interest rates rise from 3 percent to 4 percent, which of the following bonds will have the largest percentage decrease in its value? A
If interest rates rise from 3 percent to 4 percent, which of the following bonds will have the largest percentage decrease in its value?
A 10-year zero-coupon bond.
A 10-year bond with a 10 percent semiannual coupon.
A 10-year bond with a 10 percent annual coupon.
A 5-year zero-coupon bond.
A 5-year bond with a 12 percent annual coupon.
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Strategy Mapping For Learning Organizations Building Agility Into Your Balanced Scorecard
Authors: Phil Jones
1st Edition
0566088118,1409459292
