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Which of the following statements correctly describes the sensitivity of a bond's price to a change in market yields? O Holding all other factors constant,
Which of the following statements correctly describes the sensitivity of a bond's price to a change in market yields? O Holding all other factors constant, the longer the term to expiry, the more sensitive a bond's price is to changing market yields. Holding all other factors constant, the higher the coupon rate, the more sensitive is a bond's price to changing market yields. More than one of the other statements are correct. The price of a zero-coupon bond with four years until expiry is going to be more sensitive to changes in market yields than the price of a coupon paying bond issued by the same company with the same term to expiry
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