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Price risk 5. Which of the following bonds has the smallest price risk? a. A 10-year zero coupon bond with a $1,000 maturity value. b.
Price risk
5. Which of the following bonds has the smallest price risk?
a. A 10-year zero coupon bond with a $1,000 maturity value.
b. A 10-year 3% annual coupon bond with a $1,000 maturity value.
c. A 15-year 6% annual coupon bond with a $1,000 maturity value.
d. A 2-year 3% annual coupon bond with a $1,000 maturity value.
e. A 2-year 6% annual coupon bond with a $1,000 maturity value.
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