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mode Inis shows w for the work you have completed so far. It does not indicate c A $1,400 face value corporate bond with a

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mode Inis shows w for the work you have completed so far. It does not indicate c A $1,400 face value corporate bond with a 6.9 percent coupon (paid semiannually) has 13 years left to maturity. It has had a credit rating of BBB and a yield to maturity of 7.6 percent. The firm has recently gotten into some trouble and the rating agency is downgrading the bonds to BB. The new appropriate discount rate will be 8.9 percent. What will be the change in the band's price in dollars and percentage terms? (Negative values should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g. 32.161)) Answer is complete but not entirely correct. Change in the bond's price in dollars Change in the bond's price in percentage (101.830) (10.860) X % Microsoft Word 23 CAP W

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