The following information relates to Questions 7 and 8 Bond Coupon Rate 6% 696 8% Maturity (years) 10 5 B 5 All three bonds are currently trading at par value. 7. Relative to Bond C, for a 200 basis point decrease in the required rate of return, Bond B will most likely exhibit a(n): A. equal percentage price change. B. greater percentage price change. C. smaller percentage price change. 8. Which bond will most likely experience the greatest percentage change in price if the market discount rates for all three bonds increase by 100 basis points? A. Bond A B. Bond B C. Bond C 9. Which of the following describes privately placed bonds? A. They are non-underwritten and unregistered. B. They usually have active secondary markets. C. They are less customized than publicly offered bonds 10. A liquid secondary bond market allows an investor to sell a bond at: A. the desired price. B. a price at least equal to the purchase price. C. a price close to the bond's fair market value