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 7% to 5% the bond has a face value of $1,000 and it matures in 20 years use the price determine from the first year old 7% as a base in the percentage calculation. The percentage change in the bond price if the year changes from 7% to 5% is?

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