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A $ 1 comma 000$1,000 bond with a coupon rate of 6.96.9?% paid semiannually has fivefive years to maturity and a yield to maturity of

$ 1 comma 000$1,000

bond with a coupon rate of

6.96.9?%

paid semiannually has

fivefive

years to maturity and a yield to maturity of

8.98.9?%.

If interest rates rise and the yield to maturity increases to

9.29.2?%,

what will happen to the price of the? bond?

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