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QUESTION 12 Rank the interest sensitivity of the following from the most sensitive to an interest rate change to the least sensitive: 1. 8% coupon,

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QUESTION 12 Rank the interest sensitivity of the following from the most sensitive to an interest rate change to the least sensitive: 1. 8% coupon, 20-year maturity bond priced at par value II. 9% coupon, 20-year maturity bond with a yield to maturity of 8% III. Zero-coupon 30-year maturity bond O I, II, III O II, III, 1 O III, I, II O III,11,1

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