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A 1 0 - year, 8 % coupon bond pays interest annually. The bond has a face value of $ 1 , 0 0 0

A 10-year, 8% coupon bond pays interest annually. The bond has a face value of $1,000. What is the percentage change in the price of this bond if the market yield rises to 9% from the current rate of 8.5%?
-4.23%
-4.08%
-3.71%
-3.24%
Rapid River, Inc., has a 7.5% coupon bond that matures in 9 years. The bond pays interest semi-annually. What is the market price of a $1,000 face value bond if the yield to maturity is 6.8%?
$1,045.18
$1,046.55
$1,049.07
$1,050.10
Canadian Treasury bills are yielding 2.63%. Inflation is 2.45%. What is the real rate of return on the Treasury bill?
-0.18%
0.18%
6.84%
7.34%
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