Consider a company that just issued $10 million in 10-year, 5% coupon bonds where the coupons are paid semi-annually. Assume that the bond was issued at par. (a) What is the initial market price of the bond? [6 points] (b) If one year later, the yield to maturity on the bond increases to 6%, what is the new price immediately before the company makes the second coupon payment? [6 points] (C) If after two years (from the initial borrowing), the yield to maturity on the bond has now decreased to 4%, what is the new price immediately after the company makes the fourth coupon payment? [6 points)