ABC Corp has issued a $25-$year bond that make semiannual coupon payments at a rate of $5\mathrm{.}6$ percent. The current market rate for similar securities is $7$ percent.

What is the current market value of one of these bonds?

Would you purchase one of these bonds if it was offered to you at $$900?$ Why?

What do you expect would happen to the bond$$s price if rates in the market $($i$)$ decrease percent or $($ii$)$ increase?

What is your realized yield if you purchase the bond at the current market value and sell it after $4$ years at $$950?$