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M Laput Rond X: Coupon rate Face value Coupons per year Years to maturity Current price 7.0% 100 2 20 100 Bendy Coupon rate Face

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M Laput Rond X: Coupon rate Face value Coupons per year Years to maturity Current price 7.0% 100 2 20 100 Bendy Coupon rate Face value Coupons per year Years to maturity Current price 5.5% 100 2 5 100 0 Calculation & Output Question 11 Increase in interest rate New YTM Bond X New Price of Bond X 3.0% 10.00% $74.3 Net YTM Bond Y New Price of Randy 8.5% 587.98 % change in Bond X % change in Bond Y 77.97% Question 12 One of the Good Construction's Rivals, Deere & Company, has an outstanding bond with 20 years to maturity, offering a yield to maturity (YTM) of 10% - substantially higher than the YTM provided by Good Construction's bond with a similar maturity. In your opinion, which should be the explanation for such a difference between the YTM offered by the two bonds

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