Question
Which of the following bonds will be most sensitive to a change in interest rates? A. A 30-year bond with coupon rate 4.0%. B. A
Which of the following bonds will be most sensitive to a change in interest rates?
| A. | A 30-year bond with coupon rate 4.0%. | |
| B. | A 30-year bond with coupon rate 6.0%. | |
| C. | A 30-year bond with coupon rate 5.0%. | |
| D. | A 30-year bond with coupon rate 3.0%. |
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The Economics Of Money Banking And Finance
Authors: Peter Howells, Keith Bain
2nd Edition
0273651080, 978-0273651086
