Which of the following bonds as the greatest price change
Which of the following bonds as the greatest price change for a given change in interest rates?
a. A 10-year bond paying 5% semi-annually
b. A 10-year bond paying 5% annually
c. A 10-year zero coupon bond
d. A 2-year zero coupon bond
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which of the following bonds as the greatest price change for a given change in interest ratesa a 10-year bond paying 5
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