Question 9 of 100 View Policies Current Attempt in Progress The following two bonds are identical (FV = $1,000, 8-percent coupon rate paid semi-annually), except that they mature at different times: Bond C D Bond C Time to maturity Bond D 4 years The price of 8 years increases decreases Save for Later If the market yield, currently 7 percent, increases by 100 basis points, which bond's price will change more and by how much? (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to 2 decimal places, e.g. 5.25.) Price $1,034.37 $1.060.47 in price by $ in price by $ will change more. or or % -/4 E 18 % Attempts: 0 of 1 used. Submit Answer Q Ac Qu Mu