3. Bond A has 5 years to mature; Bond B will mature 10 years; Bond C has 20 years. All three pay semi annual coupons of 6 percent and are selling at face value. If the yield of all three bonds goes down to 4 what will be the price of Bonds A, B & C? What will the impact on the price of these bonds if the yield goes up to 8 percent? What conclusions you can draw about the relationship between maturity and bond price sensitivity to interest rate changes? (no word limit)