Todd owns a thirty-year zero-coupon bond priced at $304.78. If interest rates increase by 50 basis points. how much will the price of the bond change? The price will increase less than 5%. The price will decrease between 5% and 10%. The price will decrease less than 5%. The price will decrease more than 10%. Question 36 A callable bond pays semi-annual interest with a coupon rate of 6%, has a par value of $1,000, matures in 20 years but is callable in 10 years at a price of $1,100, and has a value today of $1055.84. The yield to call on this bond is 5.576 5.70% 5.53% 5,99