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7-7. INTEREST RATE SENSITIVITY: An investor purchased the following five bonds. Each bond had a par value of $1,000 and an 8% yield to maturity

7-7. INTEREST RATE SENSITIVITY: An investor purchased the following five bonds. Each bond had a par value of $1,000 and an 8% yield to maturity on the purchase day. Immediately after the investor purchased them, interest rates fell, and each then had a new YTM of 7%. What is the percentage change in price for each bond after the decline in interest rates? Fill in the following table.

BOND PRICE @ 8% PRICE @ 7% PERCENTAGE CHANGING
10-year, 10% annual coupon
10-year zero
5-year zero
30-year zero
$100 perpetuity

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