Question: Consider two zero coupon bonds. Both have face values of $ 1 0 0 . Bond A pays its face value in 8 years ,

Consider two zero coupon bonds. Both have face values of $100. Bond A pays its face value in 8years, and Bond B pays its face in 2 years. If interest rates change from 9% to 7%, what is the percentage change in the long maturity bond's price minus the percentage change in the short maturity bond's price?

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