Question: QUESTION 3 Which bond is more sensitive to interest rate changes? A bond with 1000 par, 3% coupon bond, 10 years to maturity. Or

QUESTION 3 Which bond is more sensitive to interest rate changes? A

QUESTION 3 Which bond is more sensitive to interest rate changes? A bond with 1000 par, 3% coupon bond, 10 years to maturity. Or a bond with 1000 par, 5% coupon bond, 10 years to maturity? Bond with 1000 par, 5% coupon bond, 10 years to maturity Bond with 1000 par, 3% coupon bond, 10 years to maturity Not enough information to answer this question Both are just as sensitive QUESTION 4 Price the annual coupon bond with the following features: 1000 par, coupon rate of 2.5%, ytm-8, time to maturity 22 years.

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