Interpreting Bond Melds [LO2] Suppose you buy a 7 percent coupon. 20-year bond today when it s first issued. If interest rates suddenly rise to 15 percent, what happens to the value of your bond? Why? Bond Prices [LO2] Sqeekers Co. issued 15-year bonds a year ago at a coupon rate of 4.1 percent. The bonds make semiannual payments and have a par value of $1.000. If the YTM on these bonds is 4.5 percent, what is the current bond price? Bond Yields [LO2] A Japanese company has a bond outstanding that sells tor 91.53 percent of its 100,000 par value. The bond has a coupon rate ol 3.4 percent paid annually and matures in 16 years. What is the yield to maturity of this bond? Bond Yields [LO2] Union Local School District has a bond outstanding with a coupon rate of 3.7 percent paid semiannulally and 16 years to marurity. The yield to maturity on this bond is 3.9 percent, and the bond has a par value of $5,000. What is the price of the bond? Calculating Real Rates of Return [LO4] If Treasury bills are correctly paying