Question: You hold a zero coupon bond when there is a sudden change in interest rates. It has 10 years to maturity. Yield to maturity is

You hold a zero coupon bond when there is a sudden change in interest rates. It has 10 years to maturity. Yield to maturity is 0.125 , and rates change by RISING 0.005 overnight. By how much does your bond change in value as a percentage or decimal? (Zero coupon bonds assume semi-annual compounding.) 0.0506 0.0446 0.0459 0.0491 0.0472

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