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An investor purchased the following 5 bonds. A) 5 -year, 5% annual coupon B) 5-year zero coupon C) 10 -year zero coupon D) 20 -year

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An investor purchased the following 5 bonds. A) 5 -year, 5% annual coupon B) 5-year zero coupon C) 10 -year zero coupon D) 20 -year zero coupon E) $100 perpetuity Each bond had a par value of $1,000 and an 11% yield to maturity on the purchase day. Immediately after the investor purchased them, interest rates fell and each then had a new YTM of 10%. What is the percentage change in price for each bond after the decline in interest rates

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