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Assume a fifty-year zero-coupon bond with $1,000 face value is priced to yield 10%. If the yield were to instantly drop to 5% what

Assume a fifty-year zero-coupon bond with $1,000 face value is priced to yield 10%. If the yield were to instantly drop to 5% what would be the new price for the bond? How does the change in yield compare in a relative manner to the change in the price?

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