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