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Price of bond Z at 0 year to maturity 1000(1 1,000 7.2 Interest Rate Sensitivity: an investor purchased the following 4 bonds. Each bond has

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Price of bond Z at 0 year to maturity 1000(1 1,000 7.2 Interest Rate Sensitivity: an investor purchased the following 4 bonds. Each bond has a par value of $1,000 and an 8% yield to maturity (YTM) on the purchase day. Immediately after the investor purchased them, interest rates fell, and each had a new YTM of 7%. a. What is the percentage change in price for each bond after the decline in interest rates? Fill in the following table: Percentage Change Price@8% Price @ 7% 10year, 10% annual coupon 10-year zero S-year zero 30-year zero b. Compare the price risk of the four bonds. 7.3 Yield to Maturity Sharp Company bonds have 4 years left to maturity. Interest is paid

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