Question: please help!! A 7-year zero-coupon bond has a face value of $1,000. If its YTM changes from 3.1% to 5.8%, what is the resulting percentage

please help!! please help!! A 7-year zero-coupon bond has a face value of $1,000.

A 7-year zero-coupon bond has a face value of $1,000. If its YTM changes from 3.1% to 5.8%, what is the resulting percentage change in its price? Use the price determined from the first yield, 3.1%, as the base in the percentage calculation. Round to the nearest tenth of a percent. (e.g,4.321%=4.3). [Hint: Percent price change =((P2P1)/P1)100. If the price dropped, answer should be negative.] Thoe vour numetic answer and submit. Unanswered * 3 attempts left Hover over this for Question 20 hint Question 21 Hornework - Unanswered - Due Todw, 11.s9 PM An annual coupon bond has a face value of $1,000 and a coupon rate of 7.1\%. Time to maturity is 11 years and the current yield to maturity is 9.35. What percentage of this bond's value is due to its face value? Answer in percent, rounded to one decimal place (e.8,54.67%+54.7 )

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