Answer:
The question is incomplete here is the complete question.
Explanation:
A bond trader purchased each of the following bonds at a yield to maturity of 8%. Immediately after she purchased the bonds, interest rates fell to 7%. What is the percentage change in the price of each bond after the decline in interest rates? Fill in the following table:
Price @ 8% Price @ 7% Percentage Change
10 year,10% annual coupon
10 year zero
5 year zero
30 year zero
$100 perpetuity
