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Which of the following bonds will be most sensitive to a change in interest rates if all bonds have the same initial yield tomaturity? A.
Which of the following bonds will be most sensitive to a change in interest rates if all bonds have the same initial yield tomaturity?
A.
a tenyear bond with a$1,000 face value whose coupon rate is7.4% APR paid semiannually
B.
a 20year bond with a$1,000 face value whose coupon rate is5.8% APR paid semiannually
C.
a tenyear bond with a$1,000 face value whose coupon rate is5.8% APR paid semiannually
D.
a 20year bond with a$1,000 face value whose coupon rate is7.4% APR paid semiannually
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