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Use the bond term's below to answer the question Maturity 6 years Coupon Rate 3% Face value $1,000 Annual Coupons When you buy the bond

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Use the bond term's below to answer the question Maturity 6 years Coupon Rate 3% Face value $1,000 Annual Coupons When you buy the bond the interest rate is 4.20%% Right after you buy the bond, the interest rate changes from 4.20% to 5.00% and remains there. What is the price effect in year 3? 0-$19.35 -$21.29 O $23.42 $21.29 $19.35 O -$23.42

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