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Intro The University of California has two bonds outstanding. Both issues have the same credit rating, a face value of $1,000 and a coupon rate

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Intro The University of California has two bonds outstanding. Both issues have the same credit rating, a face value of $1,000 and a coupon rate of 3%. Coupons are paid twice a year. Bond A matures in 1 year, while bond B matures in 30 years. The market interest rate for similar bonds is 12%. Attempt 1/5 for 10 pts. Part 1 What is the price of bond A? 0+ decima Submit Attempt 1/5 for 10 pts. Part 2 IB What is the price of bond B? 0+ decima Submit Part 3 IB Attempt 1/5 for 10 pts. Now assume that yields increase to 15%. What is the price of bond A? 0+ decima Submit Attempt 1/5 for 10 pts. Part 4 18 What is now the price of bond B? 0+ decima Submit

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