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You have the following bonds to choose from: i) 4% coupon, 15 year maturity ii) 4% coupon, 10 year maturity iii) zero coupon, 15 year

You have the following bonds to choose from:

i) 4% coupon, 15 year maturity

ii) 4% coupon, 10 year maturity

iii) zero coupon, 15 year maturity

iv) 2% coupon, 15 year maturity

Assume your primary goal is to minimize price sensitivity.

Which of the following bond rankings best meets this goal (i.e. order the bonds from least price sensitive to most price sensitive)?

A) iii), i), iv), ii).

B) ii), iii), iv), i).

C) ii), i), iv), iii).

D) iii), iv), i), ii).

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