22. Assume that you are planning to buy 23 year bond that pays an annual 7.19% coupon rate the bond has a par value of $10,000 and makes semiannual payments. the appropriate discount rate is 6.17%. how much you willing to pay for this bond? (2 points) 11244.53 13284.81 12736.24 11974.72 19. What happens to the coupon rate of a bond that pays $75 annually in interest if interest rates change from 6% to 7%? (1 Point) The coupon rate increase to 7%. The coupon rate increase to 6%. The coupon rate decrease to 7%, The coupon rate remain constant at 7.5% 21. Assume that the price of a $1,000 zero coupon bond with five years to maturity is 5617 when the required rate of return is 7 percent. If the required rate of return suddenly changes to 11 percent. what is the price elasticity of the bond? (2 points) -037 +0.37 0,79 -0.79 nore of the above