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What is the percentage change in price for a zero coupon bond if the yield changes from 6.5?% to 7.5?%? The bond has a face
What is the percentage change in price for a zero coupon bond if the yield changes from 6.5?% to 7.5?%?
The bond has a face value of ?$1,000 and it matures in 13 years. Use the price determined from the first? yield, 6.5?%, as the base in the percentage calculation.
The percentage change in the bond price if the yield changes from 6.5% to 7.5?% _______ ?%. ?(Round to two decimal? places.)
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