Consider three bonds with 8% coupon rates, all making annual coupon payments and all selling at face value. The short-term bond has a moturity of 4 years, the intermediate-term bond has a maturity of 8 years, and the long-term bond has a maturity of 30 years. a. What will be the price of the 4 -year bond if its yield increases to 9% ? Note: Do not round intermedlate calculations. Round your answer to 2 decimal places. b. What will be the price of the 8 -yeor bond if its yieid increases to 9% ? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. c. What will be the price of the 30 year bond if its yieid increases to 9% ? Note: (Do not round intermediate calculations. Round your answer to 2 decimal places. d. What will be the price of the 4 -year bond if its yeld decreases to 7% ? Note: Do not round intermedlate calculations. Round your answer to 2 decimal places. e. What will be the price of the 8 -yeer bond if its yield decreases to 7% ? Note: Do not round intermediate calculations. Reund your answer to 2 decimal places. 4. What will be the price of the 30 -year bond if its yeld decreases to 7x ? Note: Do not round intermedlate calculations. Round your answer to 2 decimal places. 9. Comparing your answers to perts (a), (b), and (c), are long-term bonds mere or less affected than short-term bonds by a rise in interest rates? h. Comparing your answers to parts (d). (e), and (f), are long-term bonds more or less affected than short-ferm bands by a decline in interest rates