You own a portfolio of corporate bonds. These bonds all pay the same coupon rate of 5% and have the same maturity date but have different yields to maturity: Bond 1 YTM = 3%, Bond 2 YTM = 10%, Bond 3 YTM = 25%. Assume that interests rates change by 1% for each of these bonds. Which bond(s), if any, would you expect to have the ***LARGEST*** change in price attributable to CONVEXITY.

A- Bond 1

B- Bond 2

C- Bond 3

D-Bonds 1 and 2

E- Bonds 2 and 3

F- Bonds 1 and 3

G- None: convexity only matters for mortgage bonds

H- All of these bonds will have the same convexity adjustment because the change in yields is the same