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Consider a zero-coupon bond that has a time-to-maturity of 7 years. Whats the percentage price change if its yield-to-maturity changes from 5% to 6% and

Consider a zero-coupon bond that has a time-to-maturity of 7 years. Whats the percentage price change if its yield-to-maturity changes from 5% to 6% and remains at 6% until maturity?

A. -5%

B. -3.6%

C. One cannot tell, since todays price is not given

D. -6.4%

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