2 and 4 please

2. Interpreting Bond Yields (LO2) Suppose you buy a 7% coupon, 20-year bond today when it's first issued. If interest rates suddenly rise to 15%, what happens to the value of your bond? Why? 3. Bond Prices (L02) Malahat Inc. has 7.5% coupon bonds on the market that have ten years left to Page 255 maturity. The bonds make annual payments. If the YTM on these bonds is 8.75%, what is the current bond price? 4. Bond Yields (LO2) Leechtown Co, has 4.3% coupon bonds on the market with 18 years left to maturity. The bonds make annual payments. If the bond currently sells for $870, what is its YTM