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A bond trader purchased each of the following bonds at a YTM of 7%. Immediately after she purchased the bonds, interest rate increased to 8%.
A bond trader purchased each of the following bonds at a YTM of 7%. Immediately after she purchased the bonds, interest rate increased to 8%. Bond has a face value of 1,000$. What is the percentage change in the price of each bond after the increase in interest rates? Fill the following table:
| Maturity | Coupon | Price at 7% | Price at 8% | Percentage change | Increase OR Decrease |
| 4 year | 10% | 1,101.6 | 1066.23 |
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please make sure the answer is correct 100%
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