The following financial assets are commonly held by financial institutions. These assets contain differing quantity of interest rate risks. Rank the assets from 1 to 5 (the lower the risk the lower the rating) based on the quantity of interest rate risk. (5 marks)

A 10 year, zero coupon, A rated corporate bond B 7 year, 6% , A rated bond C 7 year, 8% BBB coupon bond D 7 year 0% fixed rate loan secured by cash E 3 year 5% loan secured by real estate