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If interest rates decrease by 15 basis points (the original interest rate is 8%), what is the % price change for a 30-year zero-coupon bond
If interest rates decrease by 15 basis points (the original interest rate is 8%), what is the % price change for a 30-year zero-coupon bond with a $100 face value?
Also, If interest rates increase by 150 basis points (the same original interest rate is 8%), what is the % price change for a 1-year zero-coupon bond with a $100 face value?
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