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A bond trader purchased each of the following bonds at a yield to maturity of 9%. Immediately after she purchased the bonds, interest rates fell
A bond trader purchased each of the following bonds at a yield to maturity of 9%. Immediately after she purchased the bonds, interest rates fell to 7%. What is the percentage change in the price of each bond after the decline in interest rates? Fill in the following table. Round your answers to two decimal places. Price @ 9% Price @ 7% Percentage Change 10-year, 10% annual coupon $ $ % 10-year zero % 5-year zero % 30-year zero % $100 perpetuity %
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