Question: Question 7 (2 points) If its yield to maturity declined by 1%, which of the following bonds would have the largest percentage increase in value
Question 7 (2 points)
If its yield to maturity declined by 1%, which of the following bonds would have the largest percentage increase in value
Question 7 options:
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| A 1-year zero coupon bond. |
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| A 1-year bond with an 8% coupon. |
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| A 10-year bond with an 8% coupon. |
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| A 10-year bond with a 12% coupon. |
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| A 10-year zero coupon bond. |
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