yields of similar bonds are l 1% (APR). nd 7. The price of a 20-year bond with a face value of $1,000, a coupon rate of 6% (payable semi-annually) and a yield to maturity of 7% is 8. Which of the following bonds would be the least price sensitive to a change in interest rates? (Assume all bonds have the same yield to maturity.) a) A zero coupon bond maturing in ten years. b) A bond with a 8% coupon, maturing in 10 years. c) A bond with a 4% coupon, maturing in 15 years. d) A bond with a 6% coupon, maturing in 15 years