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What is the percentage change in price for a zero coupon bond if the yield changes from 6?% to 7.5?%? The bond has a face value of ?$1,000 and it matures in 18 years. Use the price determined from the first? yield, 6%, as the base in the percentage calculation. The percentage change in the bond price if the yield changes from 6?% to 7.5 ?% is nothing?%. ?(Round to two decimal? places.)

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Financial Management, Finance

Category:- Financial Management
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