Refer to Table 10-1, which is based on bonds paying 10 percent interest for 20 years. Assume interest rates in the market (yield to maturity) increase from 7 to 10 percent.

A. What is the bond price at 7 percent?

B. What is the bond price at 10 percent?

C. What would be your percentage return on the investment if you bought when rates were 7 percent and sold when rates were 10 percent? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)

Table 10-1 Bond price table (10\% Interest Payment, 20 Years to Maturity) \begin{tabular}{cccccrr} \hline YieldtoMaturity & PVofCoupons & & PVofPrincipal & & & \\ Bond Price \end{tabular}