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Please help. Thank you sosososo much. 7 Due to the COVID-19, the market interest rates decreased unexpectedly early this morning. Which one is correct? a

Please help. Thank you sosososo much.

7 Due to the COVID-19, the market interest rates decreased unexpectedly early this morning. Which one is correct?

a fixed-rate bond's coupon rate to decrease

b the price of zero coupon bond to decrease

c coupon bond's current yield to increase

d coupon bond's yield-to-maturity to decrease

e zero-coupon bond's current yield to decrease

8

A 14-year 9% coupon bond is currently priced at $950.00 and has a par value of $1,000. Interest is paid semiannually. Find the yield to maturity

a 10.25%

b 10.40%

c 10.45%

d 8.67%

e 9.66%

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