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Show your work. A bond dealer purchased the following bonds with a yeild to maturity of 8 %. Afterwards, yeild fell to 7%. Complete the
Show your work.
A bond dealer purchased the following bonds with a yeild to maturity of 8 %. Afterwards, yeild fell to 7%. Complete the table bellow:
Price at 8%, Price at 7%, percentage change
1) 10 year, 10% coupon
2) 10 year zero
3) 5 year zero
4) 30 year zero
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