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How do you explain yield to maturity (YTM). If Billy Bob, Inc.'s bonds was 6.18%.It was reported at interest rates declined 42 basis points.If BBI's

How do you explain yield to maturity (YTM). If Billy Bob, Inc.'s bonds was 6.18%.It was reported at interest rates declined 42 basis points.If BBI's bonds YTM changed by the same amount, what would you expect the YTMto be after the increase?(answer in % format to the nearest basis point, i.e.xx.xx, with no % sign needed).

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