Question 10 Nest yet weered Laredo 600 P Flag question NorthSouth Company has bonds with 20 years to maturity, a face value of $1.000. coupon rate of 9 percent and YTM of 7 percent. The company makes semiannual payments. What is the percentage change in the price of this bond if the market yield suddenly decreases to 5 percent? a. 19.03 percent b. 10.22 percent 5 C. 13.92 percent d. 23.77 percent e. 17.39 percent Next Previous page