Question: 16. Consider a 5-year bond, 4% bond with a face value of euro1,000 today at par. In one year's time interest rates have risen to

 16. Consider a 5-year bond, 4% bond with a face value

16. Consider a 5-year bond, 4% bond with a face value of euro1,000 today at par. In one year's time interest rates have risen to 4,5%. By how much will the value of the bond have changed? -17.94 b) +45.21 C) 0 -23.45 Leave blank MB 0328155

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