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Question 26 (3.33 points) Among the following bonds, which one has a price that is most sensitive to changes in interest rate? 1) 20-year, zero

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Question 26 (3.33 points) Among the following bonds, which one has a price that is most sensitive to changes in interest rate? 1) 20-year, zero coupon 2) 20-year, 5 percent coupon bond 3) 10-year, 15 percent coupon bond 4) 5-year callable bond with a sinking fund feature Question 25 (3.33 points) Which of the following statements are true for a Corporation? 1- The control of a Corporation ultimately lies with the shareholders. II- A Corporation is regarded as a legal person. III-Corporate profits are taxed twice. IV-The amount of equity and debts that can be raised in a Corporation is limited to the shareholders' personal wealth. 1) I and II only O2) || and III only 3) I, II and III only 4) All of them

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