Which bonds will be experience a greater percentage drop in price in response to a...

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Finance

Which bonds will be experience a greater percentage drop in price in response to a 1% increase in market interest rates (assume that all short- and long-term interest rates suddenly go up by 1% per year)

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Bond Attribute Price Drop Longer maturity bonds (vs. shorter maturity bonds) Higher / Lower Bonds that pay coupons (vs. zero-coupon bonds) Higher / Lower

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