Use the Table for the Question(s)below

question 66

Multiple Choice

Use the table for the question(s) below.
Consider the following four bonds that pay annual coupons:
-Which of the four bonds is the least sensitive to a one percent increase in the YTM?

• A)Bond A
• B)Bond B
• C)Bond C
• D)Bond D

---

Definitions:

Loan Money

The act of giving money, property, or other material goods to another party in exchange for future repayment of the principal amount, along with interest or other finance charges.

Lottery

A form of gambling involving the drawing of numbers for a prize.

Winnings

Refers to the money or prizes earned from gambling, contests, or competitions.

Corporate Bond

A debt security issued by a corporation to raise funding. It obligates the issuer to pay interest and repay the principal at a later date.