A$1,000 bond with a coupon rate of 6% paid semiannually has eight years to maturity and a yield to maturity of 8.9%. If interest rates rise and the yield to maturity increases to 9.2%, what will happen to the price of the bond? A. rise by $14.96 B. fall by $17.96 C. fall by $14.96 D. The price of the bond will not change. A company issues a ten-year bond at par with a coupon rate of 6.7% paic semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 7.8%. What is the new price of the bond? A. $1,310 B. $1,123 C. $935 D. $1,000