Question: [Separation anxiety from your calculator? Learn to live without it!) Bond Maturity (N) Coupon (C) Ann Arbor 10 years 8% Belleville 10 years 3% Canton

[Separation anxiety from your calculator? Learn to live without it!) Bond

[Separation anxiety from your calculator? Learn to live without it!) Bond Maturity (N) Coupon (C) Ann Arbor 10 years 8% Belleville 10 years 3% Canton 5 years 8% Dexter 5 years 3% If YTM drops by 1% for all of the above bonds, which one will have the LOWEST price change? Ann Arbor Dexter Canton Belleville

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