Question: Consider two Bonds with a $1,000 face value: one with a 10-year and the other with a 30-year maturity. Both Bonds offer a 10%

Consider two Bonds with a $1,000 face value: one with a 10-year and the other with a 30-year maturity. Both Bonds offer a 10% annual coupon, paid once a year. Assume that interest rates, hence YTM (Yield to Maturity) changed from 7% to 8%. How much will be the percentage change in the 30-year Bond price? Enter your answer in the following format: + or - 0.1234 Hint: Answer is between -0.1065 and -0.1191

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