1. Make the following assumptions about bonds A, B, and C.
   1. 10 year maturity, 5% coupon
   2. 10 year maturity, 1% coupon
   3. 5 year maturity, 1% coupon

Assume that all three bonds have a face value of $1,000.

1. Answer the following questions:
   1. What is the percentage price change if market interest rate (yield) changes from 7% to 6%?
   2. Interpret the results.

A spreadsheet, with clearly labeled material that produces a printout of 1 page, may be submitted for formative feedback. (This assignment has no grade value.)