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Question 1 7 pts A bond will mature in 30 years. It has a 7% coupon rate and will pay annual coupons. If the bond

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Question 1 7 pts A bond will mature in 30 years. It has a 7% coupon rate and will pay annual coupons. If the bond has a face value of $1,000 and a 6.8% yield to maturity, what should be the price of the bond today? $1,025.32 $975.18 $1,087.25 $1,000.00 Question 2 7 pts Bond A matures in 10 years and has a coupon rate of 6% paid semiannually. The face value is $1,000 and the current yield to maturity is 7%. If the market interest rate decreases by 1% to 6%, what will be the percentage change in the bond A's price? 0 -7.11% O 7.65% 7.11% 0 -7.65%

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