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2 30 40 5 15 27 66 8 9 10 11 12 13 14 15 16 17 18 28 29 19 20 30 21 22 23 24 25 26 Save Answer Moving to another question will save this response. Question 9 of 30 > Question 9 10 points The White Pony Corporation has $1,000 face value bonds issued with a 7% coupon. They mature in 6 years and call for semi-annual payments and currently have a yield to maturity of 5.5%. What will happen to the price of the bond if the market interest rate suddenly increases to 9%? a. The bond price will decrease but still trade at premium b. The bond price will increase and trade at premium O The bond price will increase but still trade at a discount Od. The bond price will decrease and trade at at discount Moving to another question will save this response Question 9 of 30 8:21 PM 7/2/20020

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