D. exceed the face value at maturity. Clear select 4P Consider a 3-year bond with a par value of $1,000 and an 10% annual coupon. If interest rates change from 10% to 8% the bond's price will: A. increase by $61.54. O B. decrease by $78.46. O C. increase by $51.54 D. decrease by $53.46 What is the rate of return for an investor who pays $1,050.47 for a 3-year 4p hand with an annual coupon payment of 6.5% and sells the bond 1 year