3 10 points my you A General Power bond carries a coupon rate of 9.0%, has 9 years until maturity, and sells at a yield to maturity of 8.0%. (Assume annual interest payments.) a. What interest payments do bondholders receive each year? b. At what price does the bond sell? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. c. What will happen to the bond price if the yield to maturity falls to 7.0%? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Answer is complete but not entirely correct. a. Interest payments b. Price c. Price will $ 90 $ 1,062.47 rise by $ 483.47 x Mc Graw Prev 3 of 8 Next Return to question