week6 7. Judith, Inc. bonds mature in eight years and pay a semiannual coupon of $55. The bond's par value is $1,000: a. What is their current price if the market interest rate for bonds of similar quality is 9.2 percent? b. A change in Fed policy increases market interest rates 0.50 percentage point from their level in (a). What is the percentage change in the value of Judith, Inc. bonds from their value in (a)?