Consider a five-year, default-free bond with annual coupons of 6% and a face value of $1,000 and assume zero-coupon yields on default-free securities are as summarized in the following table: 4 years Maturity Zero-Coupon Yields 1 year 5.00% 2 years 5.30% 3 years 5.50% 5.70% a. What is the yield to maturity on this bond? b. If the yield to maturity on this bond increased to 6.20%, what would the new price be? C a. What is the yield to maturity on this bond? The yield to maturity on this bond is %. (Round to three decimal places.) b. If the yield to maturity on this bond increased to 6.20%, what would the new price be? The new price would be $ (Round to the nearest cent.) 5 years 5.80%