Question: You just bought a strip bond with a face value of $1,000 and 12 years to maturity. You paid $556 84. What is the yield

You just bought a strip bond with a face value of $1,000 and 12 years to maturity. You paid $556 84. What is the yield on the bond? Express your answer in percentage form. What is the percentage change in price for a zero coupon bond if the yield falls by 1% from 4% to 3%? The bond has a face value of $1,000 and it matures in 9 years. (Patter - Pbefore) Express your answer in percentage form rounded to one decimal place

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