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33 (Mandatory) (2.5 points) Assume, Suhail buys a bond for $5,500 at a 3.5% yield fixed for 10 years. After 2 years, the market interest
33 (Mandatory) (2.5 points) Assume, Suhail buys a bond for $5,500 at a 3.5% yield fixed for 10 years. After 2 years, the market interest rate falls to 2.25%. In this case, what will be the new price of the bond? Question 33 options: a) $3,055.6 b) $8,555.6 c) $2,444.5 d) $192.5
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