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Consider Goodyear Tire & Rubber, 7 % semi - annual coupon maturing 1 5 mar 2 0 2 8 , ( ticker = US 3

Consider Goodyear Tire & Rubber, 7% semi-annual
coupon maturing 15mar2028,(ticker = US382550AD35) has
a current price of 101.85% of par. Assume par of $1000.
What is the current YTM? If rates increase by 1 percentage
point (100 basis points) what is the new price of a bond?
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