Use the Following Information to Answer the Question(s)below

question 100

Multiple Choice

Use the following information to answer the question(s) below.Consider the following four corporate bonds that have semiannual compounding:
-If the YTM of these bonds increased to 9%,which bond's price would be most sensitive to this change in YTM?

• A)#1
• B)#2
• C)#3
• D)#4

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Definitions:

BCD Value

Binary-Coded Decimal representation, a method of storing numbers where each digit is represented by its own binary sequence, commonly used in digital systems.

Thumbwheel Switch

A mechanical input device used to input numerical data, often found in industrial control systems, allowing the user to rotate a wheel to select numbers.

Setting

The configuration or adjustment of parameters or conditions within a system or device to achieve desired operation or output.

Masked Move Instruction

A programming command used to selectively transfer bits from one word to another using a mask.