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Which of the following bonds has the greatest volatility?Group of answer choices10-year, zero-coupon bond5-year coupon bond5-year, zero-coupon bond10-year coupon bond

Question

Which of the following bonds has the greatest volatility?Group of answer choices10-year, zero-coupon bond5-year coupon bond5-year, zero-coupon bond10-year coupon bond

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Solution

The bond with the greatest volatility would be the 10-year, zero-coupon bond.

Here's why:

  1. Zero-coupon bonds are more volatile than coupon bonds. This is because they do not pay interest until maturity, so their prices are more sensitive to changes in interest rates.

  2. Longer-term bonds are more volatile than shorter-term bonds. This is because the longer the maturity, the more time there is for interest rates to change and affect the bond's price.

Therefore, among the options given, the 10-year, zero-coupon bond would have the greatest volatility.

This problem has been solved

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