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The current zero-coupon yield curve for risk-free bonds is as follows: What is the price per $100 face value of a two-year, zero-coupon, risk-free bond?

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The current zero-coupon yield curve for risk-free bonds is as follows: What is the price per $100 face value of a two-year, zero-coupon, risk-free bond? The price per $100 face value of the two-year, zero-coupon, risk-free bond is $ (Round to the nearest cent.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Consider the following bonds. Which of the bonds A to D is most sensitive to a 1% drop in interest rates from 6.2% to 5.2% ? Which bond is least sensitive? Provide an intuitive explanation for your answer. Bond is most sensitive. (Select from the drop-down menu.)

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