A $1,000 par value bond with five years left to maturity pays an interest payment semiannually with a 6 percent cou- pon rate and is priced to have a 5 percent yield to maturity If interest rates surprisingly increase by 0.5 percent, by how much will the bond's price change? (LG 3-4) . A $1,000 par value bond with seven years left to maturity has a 9 percent coupon rate (paid semiannually) and is sell- ing for $945.80. What is its yield to maturity? (LG 3-2) Calculate the fair present value on a stock that pays $5 in dividends per year (with no growth of return of 10 percent. (LG 3-3) and has a required rate