D Question 26 1 pts Webtronics is issuing a 20-year bond with a coupon rate of 9.90%. The interest rate for similar bonds is currently 8.60%. What is the present value of the bond? $1,126 $889 $1,120 $1,123 O $1,157 Pronour Nout Show Instructions Question 25 1 pts What is the effective annual yield of a bond with a maturity of 40 years, price of $964.40 and coupon rate of 9.25%? 9.8% 10.2% 9.5% 10.1% 9.6% D Question 24 1 pts Intermax has a 10-year bond with a coupon rate of 8.50%. If the price of the bond increases from $1,027.0607 to $1,106.5930, by how much will its effective annual yield change? EAY decreases by 0.70% EAY decreases by 1.14% EAY increases by 1.10% O EAY increases by 2.03% EAY increases by 0.92%