$0$:$57$:$44$

c$.$ $$23\mathrm{.}93$

d$.$ $$25\mathrm{.}66$

Unsure

Clear my choice

$22$ of $50$

Aragon Supply has a seven$-$year, $6\mathrm{.}5$ percent, semiannual coupon bond outstanding with a $$1,000$ par value. The bond has a yield to maturity of $5\mathrm{.}5$ percent. Which one of the following statements is correct if the market yield suddenly increases to $7\mathrm{.}25$

Mark percent?

a$.$ The bond price will increase by $3\mathrm{.}86$ percent.

b$.$ The bohd price will decrease by $9\mathrm{.}27$ percent.

c$.$ The bond price will decrease by $8\mathrm{.}64$ percent.

d$.$ The bond price will increase by $7\mathrm{.}04$ percent.

shand price will increase by $7\mathrm{.}16$ percent.