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Which of the following bonds has the most interest rate risk? A. 6-year maturity; 4.15 percent coupon bond B. 6-year maturity: 5.75 percent coupon bond.
Which of the following bonds has the most interest rate risk?
A. | 6-year maturity; 4.15 percent coupon bond | |
B. | 6-year maturity: 5.75 percent coupon bond. | |
C. | 12-year maturity; 4.15 percent coupon bond. | |
D. | 12-year maturity; 5.75 percent coupon bond | |
E. | 8-year maturity; 5.75 percent coupon bond. |
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