Question: 5 . 8 8 points eBookReferencesCheck my workCheck My Work button is now disabled 1 Item 9 Suppose interest rates increase from 9 . 8

5.88
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eBookReferencesCheck my workCheck My Work button is now disabled1Item 9
Suppose interest rates increase from 9.80% to 10.80%. Which bond will suffer the greater percentage decline in price: a 30-year bond paying annual coupons of 9.80% or a 30-year bond with a coupon of zero?
multiple choice
30-year 8% coupon bond
30-year zero-coupon bond

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