Question: 16. Problem 4-16 (Interest Rate Sensitivity) Interest Rate Sensitivity A bond trader purchased each of the following bonds with a face value of $1,000 at
16. Problem 4-16 (Interest Rate Sensitivity) Interest Rate Sensitivity A bond trader purchased each of the following bonds with a face value of $1,000 at a veld to maturity of 8%. Immediately after she purchased the bonds, interest rates fes to 6%. What is the percentage change in the price of each bond after the decline in interest rates? Fill in the following table. Do not round intermediate calculations, Round the monetary values to the pearest cent and percentage values to two decimal places. Enter your answers as positive values
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