1 What happens to the price of a three-year annual coupon paying bond with an 8% coupon when interest rates change from 8% to 8.86%? Answer in dollar terms to the nearest decimals without the $ sign. Use a "-" sign to denote a price decrease. Do not use a "+" sign. 2. A corporate bond with a 6% coupon (paid semiannually) has a yield to maturity of 7.5%. The bond matures in 20 years but is callable at $1050 in ten years. The maturity value is par. Calculate the bond's yield to call. % terms w/o $ sign. (HINT: Find the current price and then solve for YTC.)