A bond trader purchased each of the following bonds at a yield to maturity of 10%. Immediately after she purchased the bonds, interest rates fell to 6%. What is the percentage change in the price for each bond after the decline in interest rates? Fill in the following table. Round your answers to two decimal places.
|
Price @ 10% |
Price @ 6% |
Percentage Change |
| 10-year, 10% annual coupon |
$ |
$ |
% |
| 10-year zero |
$ |
$ |
% |
| 5-year zero |
$ |
$ |
% |
| 30-year zero |
$ |
$ |
% |
| $100 perpetuity |
$ |
$ |
% |