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By how much will the price of a 30-year zero-coupon bond change if, due to a permanent change in interest rates, the price of a
By how much will the price of a 30-year zero-coupon bond change if, due to a permanent change in interest rates, the price of a 3-year zero-coupon bond decreased by 4%? Assume the short- and long-term interest rates are the same. If your answer depends on other parameters not given in this question (e.g., current interest rate, bond prices, etc.) write your answer as a function of these parameters and specify what these parameters are
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