Question: Which bond's price is least sensitive to changes in interest rates? Bond Issuer Rating Coupon Yield Maturity A U.S. Government AAA 7% 7.42% 10 years

Which bond's price is least sensitive to changes in interest rates? Bond Issuer Rating Coupon Yield Maturity A U.S. Government AAA 7% 7.42% 10 years B U.S. Government AAA 6% 7.90% 30 years C Texas State Highway Bonds AAA 7% 7.77% 10 years D Bank of America A 8% 7.87% 5 years Responses B D C A

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