Question: 8 1 point Consider a bond issue with a total par value of $1,000. The bond has exactly 19 years remaining until maturity and offers

8 1 point Consider a bond issue with a total par

8 1 point Consider a bond issue with a total par value of $1,000. The bond has exactly 19 years remaining until maturity and offers a coupon rate is 4% with interest paid semiannually. The bond issue is currently trading at a price to yield 9.3%. If changes in market interest rates cause the bond's yield to maturity to change to 5.6%, what will be amount of the bond's change in price? Enter your answer rounded to the nearest dollar. Enter an increase in price as a positive number, and enter a decrease in price change as a negative number. Type your

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