geelety Saved rk 6 (Ch. 6) 6 Consider three bonds with 6.40% coupon rates, all making annual coupon payments and al at face value. The short-term bond has a maturity of 4 years, the intermediate-term bond ha 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 7.40%? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Bond price b. W intermediate calculations. Round your answers to 2 decimal places.) hat will be the price of the 8-year bond if its yield increases to 7.40%? (Do not round ces Bond price c. What will be the price of the 30-year bond if its yield increases to 7.40%? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Bond price