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Use the table for the question(s)below.
Consider the following four bonds that pay annual coupons:
-Assume that the YTM increases by 1% for each of the four bonds listed.Rank the bonds based upon the sensitivity of their prices from least (#1)to most (#4)sensitive.
Pioneer Product
The first product of its kind to be launched in the market by a company, often opening new categories.
Apple iPod
A portable media player designed and formerly marketed by Apple Inc., which played a significant role in the digital music revolution.
Late Majority
A classification of individuals in the technology adoption lifecycle who are more skeptical about innovation and adopt new technology or ideas after the average member of a society.
Curved-screen Television
A television with a curved screen designed to provide a more immersive viewing experience by enhancing the field of view and reducing glare and distortion.
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