Question: Which bond has greater interest rate risk (with the same term to maturity): Bond DEF with 4% coupon or Bond XYZ with 8% coupon, when

 Which bond has greater interest rate risk (with the same term

Which bond has greater interest rate risk (with the same term to maturity): Bond DEF with 4% coupon or Bond XYZ with 8% coupon, when the YTM is 6% for each bond

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