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Question 4 1 pts Consider a 10-year, 6 percent annual coupon bond with a required return of 4 percent. The bond has a face value

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Question 4 1 pts Consider a 10-year, 6 percent annual coupon bond with a required return of 4 percent. The bond has a face value of $1,000. Which of the following is correct? Round your calculations/answers to two decimals. I. The price of the bond is 1,162.22 Il. If interest rates decline to 3 percent, the price of the bond would be 1,255.91. II. If interest rates decline to 3 percent, the percentage change in price would be 8.06 percent. O Ionly O Il only O I and Il only O I and Illonly O I. Il, and IlI Question 5 1 pts

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