fixed income question

3. Consider a seven-year amortizing bond with a coupon rate of 4% and $1,000 face value. Its amortization schedule is 25% each at the end of the fifth and the sixth years. a) What is its price at a yield of 4%? b) What is its price if yield increases by 1%? c) Calculate the percentage change between the starting and ending prices. 3. Consider a seven-year amortizing bond with a coupon rate of 4% and $1,000 face value. Its amortization schedule is 25% each at the end of the fifth and the sixth years. a) What is its price at a yield of 4%? b) What is its price if yield increases by 1%? c) Calculate the percentage change between the starting and ending prices