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Target Corp. has a 17-year, 7% coupon bond pays interest semi-annually. The bond has a face value of $1,000. What is the percentage change in

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Target Corp. has a 17-year, 7% coupon bond pays interest semi-annually. The bond has a face value of $1,000. What is the percentage change in the price of this bond if the market yield to maturity increases to 3.1% from the current rate of 2.9%? a 2.80% 6.2.59% C. -2.25% d.-2.14%

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