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Which of the following bonds will be most sensitive to a change in interest rates? A. A 15-year bond with coupon rate 5.0%. B. A
Which of the following bonds will be mostsensitive to a change in interest rates?
A. | A 15-year bond with coupon rate 5.0%. | |
B. | A 10-year bond with coupon rate 5.0%. | |
C. | A 5-year bond with coupon rate 5.0%. | |
D. | A 20-year bond with coupon rate 5.0%. |
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