solve

Dr. David Banner is researching different bonds in which he could invest some of his savings. He is having difficulty making his choice. He is trying to determine which bond to choose based on the bonds risk. He is wondering if his bond's yicld to maturity declined by 1%, which of the following choices would have the largest percentage increase in value? a. A 10-year zero coupon bond. b. A 1-year zero coupon bond. C. A 10-year bond with a 12% coupon d. A 10-year bond with an 8% coupon. e. A 1-year bond with an 8% coupon