Question: 8. If its yield to maturity declined by 1%, which of the following bonds would have the largest percentage increase in value? O a. A

8.
8. If its yield to maturity declined by 1%, which of the

If its yield to maturity declined by 1%, which of the following bonds would have the largest percentage increase in value? O a. A 10-year bond with an 8% coupon. O b. A 10-year zero coupon bond. O c. A 10-year bond with a 12% coupon. O d. A 1-year bond with an 8% coupon O e. A 1-year zero coupon bond

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