Given relatively stable financial market conditions, determine which one of the followingbonds would exhibit the least price volatility? Briefly, explain why?a. 15-year,15% coupon bondb. 5-year, 10% coupon bondc. 15-year, 10% coupon bondd. 5-year, 15% coupon bond

Question

Given relatively stable financial market conditions, determine which one of the following
bonds would exhibit the least price volatility? Briefly, explain why?
a. 15-year,15% coupon bond
b. 5-year, 10% coupon bond
c. 15-year, 10% coupon bond
d. 5-year, 15% coupon bond

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