Which of the following bonds will have the greatest


Which of the following bonds will have the greatest percentage decrease in value if all interest rates increase by 1 percent?

20 year zero coupon bond

10 year zero coupon bond

20 year 10 percent coupon bond

20 year 5 percent coupon bond

1 year 10 percent coupon bond

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Financial Management: Which of the following bonds will have the greatest
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