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Business, 18.02.2020 22:00 Sariyahhall1

An investor purchased the following 5 bonds. Each bond had a par value of $1,000 and an 8% yield to maturity on the purchase day. Immediately after the investor purchased them, interest rates fell and each then had a new YTM of 7%. What is the percentage change in price for each bond after the decline in interest rates?

Price @ 8% Price @ 7% Percentage Change
10-year, 10% annual coupon
10-year zero
5-year zero
30-year zero
$100 perpetuity

***My textbook only shows me how to use a financial calculator to solve problems. Since I don't have one, but really need to know how to do this the old fashion way. Thanks***

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An investor purchased the following 5 bonds. Each bond had a par value of $1,000 and an 8% yield to...

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