Calculate the price of the bond if the market interest rate falls from 4% to 3% per half-year. Compare the capital gain when the interest rate falls from 4% to 3% to the loss incurred when the rate increases from 4% to 5%. Corporate bonds typically are issued at par value. This means the underwriters of the bond issue (the firms that market the bonds to the Calculate the price of the bond if the market interest rate falls from 4% to 3% per half-year. Compare the capital gain when the interest rate falls from 4% to 3% to the loss incurred when the rate increases from 4% to 5%. Corporate bonds typically are issued at par value. This means the underwriters of the bond issue (the firms that market the bonds to the