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?
Definitions:
Cooperate
To work jointly towards a common goal or to work together in a cooperative manner.
Quality Product
A product that meets or exceeds customer expectations through its attributes, functionality, and performance.
Dominant Strategy
A dominant strategy is a strategy in game theory that is the best for a player to follow, regardless of the strategies chosen by other players.
HomeMax
HomeMax is a retail concept or brand name that might be associated with home goods or improvement products, although its specific nature might vary by context.
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