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Q9. Bond SX has a 5% annual coupon, 5 -year, $1,000 par value, and 7% YTM. If interest rates suddenly rise by 1 percent, what

Q9. Bond SX has a 5% annual coupon, 5 -year, $1,000 par value, and 7% YTM. If interest rates suddenly rise by 1 percent, what is the difference in bond price? a. $37.78 b. $4718 c. $55.39 d. $61.31 e. $74.02

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