Question: 3. Among the four bonds listed below, which one has the least amount of interest rate risk? Group of answer choices 5-year floating rate note

3. Among the four bonds listed below, which one has the least amount of interest rate risk?
Group of answer choices
5-year floating rate note with coupon rate = 6 month LIBOR + 20bp, coupons reset every six months
5-year inverse floater with coupon rate = 12% - 6 month LIBOR, coupons reset every six months
5-year zero coupon bond
5-year 6% coupon bond

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