A General Power bond carries a coupon rate of 8%, has 9 years until maturity, and sells at a yleid to maturity of 7 . (Assume annual interest payments a. What interest poyments do bondholders teceive each year? b. At what price does the bond sell? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. What wil happen to the bond price if the yield to moturity falls to 6% ? (Do not round intermediate calculations. Round your answer to 2 decimal places.)