Which of the following statements is TRUE?

I. If the Yield to Maturity (YTM) of these bonds increased by 1%, Bond Asprice would be most sensitive to this change in YTM due to having the lowest current YTM.

II. At the current bonds price, the current YTM of Bond A is the lowest.

III. Bond C has the highest amount of price change with a one percent increase in YTM.

IV. Bond D has the highest % change in price with a one percent increase in YTM.

a. I and II only b. II and III only c. II, III and IV only d. I, II, III, and IV

Consider the following four bonds that pay annual coupons: Bond . B D Years to maturity 1 5 10 20 Coupon 0% 6% 10% 0% Priceo $952.38 $959.00 $1,064.18 $214.55