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UD Hel Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completi Consider three bonds with 6.80% coupon rates, all making annual coupon payments and all seling at face value. The short-term bond has a maturity of 4 years, the intermediate-term bond has a maturity of 8 years, and the long-term bond has a maturity of 30 years. a. What will be the price of the 4-year bond if its yield increases to 780%? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) b. What will be the price of the 8-year bond if its yield increases to 780%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. What will be the price of the 30-year bond if its yleld increases to 780%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) d. What will be the price of the 4-year bond if its yield decreases to 5.80%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) e. What will be the price of the 8-year bond if its yield decreases to 5.80%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 1. What will be the price of the 30-year bond if its yield decreases to 5.80%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) g. Comparing your answers to parts (a), (b), and (c), are long-term bonds more or less affected than short-term bonds by a rise in h. Comparing your answers to parts (d), (e), and (1), are long-term bonds more or less affected than short-term bonds by a decline in Interest rates? interest rates? Answer is not complete. a. $ 22.62% b d. Bond price Bond price Bond price Bond price Bond price Bond price Long-form bonds e. $ $ 1,062.59 1.140.64 t. g h affected than short-term bonds affected than short-term bonds Long-term bonds

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