You are watching Bloomberg TV and listening to the Chairman of the Federal Reserve's remarks. J. Powell believes the Federal Reserve must raise interest rates by 75 basis points to fight inflation. Which bond will protect your portfolio from downside losses the most? All bonds are priced to have the same yield to maturity. Assume annual compounding.

Group of answer choices:

Zero coupon, short maturity

Coupon bond, low coupon, long maturity

Coupon bond, high coupon, short maturity

Zero coupon, long maturity

Coupon bond, high coupon, long maturity