A bond trader bought each of the following bonds at a yield to maturity of 8 percent. Few weeks after the purchase of the bonds, interest rates fell to 7 percent.
Maturity | Coupon | Price at 8% | Price at 7% | Percentage Change |
10-year | 10% annual coupon | |||
10-year | zero | |||
5-year | zero | |||
30-year | zero | |||
$100 | perpetuity | |||
Required: Complete missing information int he above table
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