Interpreting Bond yeilds [L02] 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 [ L02 ] Sqeekers Co. issued 13-year bonds a year ago at a coupon rale 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