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Interest Rate Sensitivity A bond trader purchased each of the following bonds at a yield to maturity of 8%. Immediately after she purchased the bonds,

Interest Rate Sensitivity

A bond trader purchased each of the following bonds at a yield to maturity of 8%. Immediately after she purchased the bonds, interest rates fell to 7%. What is the percentage change in the price of each bond after the decline in interest rates? Fill in the following table. Round your answers to two decimal places.

Price @ 8% Price @ 7% Percentage Change
10-year, 10% annual coupon $ $ %
10-year zero %
5-year zero %
30-year zero %
$100 perpetuity

%

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