question 2

(Bonds) A bond witha $1,000 par, 4 years to maturity, a coupon rate of 5%, and annual payments has a yield to maturity of 3 . 2th. What will be the percentage change in the bond price if the yleld changes instantaneously to 5.8% ? If your answer is, e.8. 1.123%, enter it as - 1.123. If the sign of the price change is incorrect. no credit will be given.)