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Whats the change in bond price based on the information below: Face value: $100 Term to maturity: 5 years Coupon rate: 6%, paid semi-annually Yield-to-maturity:
Whats the change in bond price based on the information below: Face value: $100 Term to maturity: 5 years Coupon rate: 6%, paid semi-annually Yield-to-maturity: 5% Change in yield: +1%
The price will increase by $4.60
The price will decrease by $4.60
The price will increase by $4.37
The price will decrease by $4.37
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