Two bonds both have a 7% coupon rate. Bond A has a longer maturity than Bond B. Which bond has the higher level of interest rate risk?

A. Not enough information provided

B. Bond A

C. Bond B

You observe three different bonds as shown in the table below. You are expecting interest rates (as directed by the Fed) to increase. Which of these three bonds would be the best investment given this expectation?

Security	Time Remaining to Maturity	Coupon	Duration
Bond A	6 years	4%	4.982
Bond B	11 years	5.5%	9.598
Bond C	10 1/2 years	6.5%	8.787

A. Bond A

B. Bond C

C. Bond B

A bond has a duration of 7.81 with a yield-to-maturity of 6.1. The current bond price is $1,124.61. Convexity for this bond is determined to be 98.84. What would be the bond's new price if interest rates suddenly increased by 1.4%? State your answer as a dollar amount with two decimal places.