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Please show all workings Question 7 15 marks A bond trader bought each of the following bonds at a yield to maturity of 8%. A

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Please show all workings

Question 7 15 marks A bond trader bought each of the following bonds at a yield to maturity of 8%. A few weeks after the purchase of the bonds, interest rates fell to 7%. The par value of the bond is R1 000. Maturity Price at 8% Price at 7% Percentage change Coupon 10% annual coupon zero 10-year 10-year 5-year 30-year R100 Perpetuity zero zero R100 Perpetuity Required: Complete the missing information in the above table

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