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The price of which of the following bonds will be more sensitive to changes in interest rates. Explain your answer and show your calculation S.

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The price of which of the following bonds will be more sensitive to changes in interest rates. Explain your answer and show your calculation S. I. 4-year 15% coupon bond with a face value of $100 that pays annual coupons and is trading at a yield of 10% II. 5-year 20% coupon bond with a face value of $100 that pays semi-annual coupons and is trading at a yield of 15%

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