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1 A 12-year, 5% coupon bond pays interest annually. The bond has a face value of $1,000. What is the percentage change in the price

1 A 12-year, 5% coupon bond pays interest annually. The bond has a face value of $1,000. What is the percentage change in the price of this bond if the market yield rises to 6% from the current yleld of 4.5%? Multiple Choice 1 points U cBook Print 0 References O O O 11.11% decrease 12.38% decrease 12.38% increase 14.13% decrease 14.13% increase

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