What is the percentage change in the price for each bond


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 $   $   %

 

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Finance Basics: What is the percentage change in the price for each bond
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