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YTM = 8 % when a trader purchased a bond. Immediately the interest rates fell to 7 % . What is the % change in

YTM=8% when a trader purchased a bond. Immediately the interest rates fell to 7%. What is the
% change in price of each bond after the decline in interest rates? 6 points
10 year, 10% annual coupon
10 year zero coupon bond
5 year zero coupon bond
30 year zero coupon bond
Perpetuity, $100 annual coupon
Rank the bonds in decreasing order of riskiness as measured by Interest rate Sensitivity.

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