Bond H and Bond L are zero-coupon bonds that have 10-years remaining until maturity, but Bond H has a higher yield to maturity than Bond L. Bond H's duration is Bond L's duration. When the yields of both bonds increase by 50 basis points, the percentage drop in bond price will be .
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Bond H and Bond L are zero-coupon bonds that have 10-years remaining until maturity, but Bond H has...
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