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Consider three bonds with 5.1% coupon rates, all making annual coupon payments and all selling at a face value of $1,000. The short-term bond has

Consider three bonds with 5.1% coupon rates, all making annual coupon payments and all selling at a face value of $1,000. The short-term bond has a maturity of 4 years, the intermediate-term bond has maturity 8 years, and the long-term bond has maturity 30 years. a. What will be the price of each bond if their yields increase to 6.1%? 4 Years 8 Years 30 Years . What will be the price of each bond if their yields decrease to 4.1%? 4 Years 8 Years 30 Years

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