Question: 16. Problem 4-16 (Interest Rate Sensitivity) Interest Rate Sensitivity A bond troder 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 troder purchased each of the following bonds with a face value of $1,000 at a yield to maturity of 10%. Immediately after she purchased the bonds, interest rates fell to 5\%4. What is the percentage change in the price of each bond after the decline in interest rates? Fili in the following tabie. Do not round intermediate calculations. Round the monetary values to the nearest cent and percentage values to two decimal places. Enter your answars as positive values
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