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YYY Inc. issued 12% semi-annual coupon bond with maturity of 8 years and face value $1,000 What is the price you are willing to pay

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YYY Inc. issued 12% semi-annual coupon bond with maturity of 8 years and face value $1,000 What is the price you are willing to pay for YYY Inc bond if the yield to maturity is 10%? What would the % change in price for YYY. If the yield decreases to 9% ZZZ Inc issued a similar bond (same time to maturity, face value and yield at 10% as in Y) but with a higher coupon rate. Will the % change in price for ZZZ higher or lower than YYY if the yield decreases to 9%

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