Which bonds value will be affected most if interest rates


Assume that you bought 5-year, 15-year, and 25-year bonds, all with a 10 percent coupon rate and semi annual coupons, at their $1,000 par values. which bond's value will be affected most if interest rates rise to 13 percent? which will be affected least?

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Financial Accounting: Which bonds value will be affected most if interest rates
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