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Question 7 For a given change in interest rates, which type of bonds would change the most in terms of price? O high coupon, short

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Question 7 For a given change in interest rates, which type of bonds would change the most in terms of price? O high coupon, short maturity bonds low coupon, long maturity bonds O low coupon, short maturity bonds Question 8 O 6.55 4 pts Consider a $1,000 par value bond with a 5% coupon rate, semi-annual payments, settlement date of 1/1/2021, maturity date of 1/1/2030 and a yield to maturity of 4%. What is the Macaulay duration? O 5.71 7.43 4 pts

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