What is the percentage change in price for a zero coupon, Financial Management

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What is the percentage change in price for a zero coupon

What is the percentage change in price for a zero coupon bond if the yield changes from 8.5?% to 7.5?%? The bond has a face value of $1,000 and it matures in 15 years. Use the price determined from the first? yield, 8.5?%, as the base in the percentage calculation.

The percentage change in the bond price if the yield changes from 8.5?% to 7.5?%is __?%. (Round to two decimal? places.)

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Financial Management: What is the percentage change in price for a zero coupon

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