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Next Page Page 40 Question 4 (1 point) Bond BAA has 14 years to maturity, $1,000 par, 8% coupon rate, semi-annual coupons. What is the

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Next Page Page 40 Question 4 (1 point) Bond BAA has 14 years to maturity, $1,000 par, 8% coupon rate, semi-annual coupons. What is the percentage change in the price of this bond if the YTM increases from 10% to 10.5%? 1) -3.79% 2) -2.79% 3) -4.59% 4) -2.59% 5) -3.59%

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