Question: Aempts I I Keep the Highest] 5 10. Problem 5-16 (Interest Rate Sensitivity) Interest Rate Sensitivity A bond trader purchased each of the following bonds

Aempts I I Keep the Highest] 5 10. Problem 5-16
Aempts I I Keep the Highest] 5 10. Problem 5-16 (Interest Rate Sensitivity) Interest Rate Sensitivity A bond trader purchased each of the following bonds with a face value of $1,000 at a yleld to maturity of 9%. Immediately after she purchased the bonds, lnterest rates fell to 7%. 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 nearest cent and percentage values to two decimal places. Enter your answers as positive values. Price @ 9% Price @ 7% Percentage Change 10-year, 10% annual coupon $ 5 ' % 10-year zero 5year zero 30-year zero Perpetuity, 3100 annual coupon ' ' Continue without saving

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