Which of these bonds has the most significant price risk?
A 10-year, $1,000 face value, 10% coupon bond with semiannual interest payments
A 10-year, $1,000 face value, zero coupon bond
A 10-year, $1,000 face value, 10% coupon bond with annual interest payments
All 10-year bonds have the same price risk, since they have the same maturity.