Question: Suppose the yields to maturity for bonds A and B increase to 10 percent. Calculate the new present value of each, and, comparing it with

Suppose the yields to maturity for bonds A and B increase to 10 percent. Calculate the new present value of each, and, comparing it with your answer to Question, discuss which bond has the greater interest rate risk.
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Bond nnual Coupon Interest Maturity (Years) ield to M $120 60 10 20 20 8% 10

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