The Corner Grocer has a 7-year, 6 percent annual coupon bond outstanding with a $1,000 par value. The bond has a yield to maturity of 5.5 percent. Which one of the following statements is correct if the market yield suddenly increases to 7 percent? A. The bond price will decrease B. The bond price will increase C. The bond price will stay the same D. The bond will be called QUESTION 6 Blackwell bonds have a face value of $1,000 and currently are trading at a price of $984.00. The bonds have a 5 percent coupon rate. What is the current yield on these bonds? A. 6.12 percent B. 5.08 percent C. 3.18 percent D. 7.23 percent