Bond Evaluation Part B - Sensitivity to Interest Rate "Calculate the market prices under each combined conditions and answer question I and 2 (yellow cells) 1) As the required yield on each bond rises (from 5% to 9% ), what happens to the value of the bond? 2) When interest rates change, which bond is affected more, long-term bonds or short-term bonds? Why? Bond Evaluation Part B - Sensitivity to Interest Rate "Calculate the market prices under each combined conditions and answer question I and 2 (yellow cells) 1) As the required yield on each bond rises (from 5% to 9% ), what happens to the value of the bond? 2) When interest rates change, which bond is affected more, long-term bonds or short-term bonds? Why