QUESTIONS 97 THROUGH 108 RELATE TO FIXED INCOME INVESTMENTS.

100. An analyst is evaluating the two bonds below:

Bond A Bond B

Coupon 6.90% 8.25%

Maturity Oct 29, 2019 Nov 4, 2019

Callable No No

Price $102.17 $102.39

Yield 6.60% 7.90%

Compared with Bond A, Bond B most likely will have:

A. less interest rate risk and more reinvestment risk.

B. less reinvestment risk and more interest rate risk.

C. more interest rate risk and more reinvestment risk.