Over the span of a decade, interest rates climbed. Which of the following statements is true?

Select one:

a. A bond for that decade would out-perform a 5-year bond.

b. A 20-year bond during that decade would out-perform a 30-year bond.

c. The 10-year bond has the lowest interest rate risk.

d. The value of the 5-year bond would rise more dramatically than that of the 10-year bond.