Question: help please Use the bond term's below to answer the question Maturity 4 years Coupon Rate3% Face value $1,000 Annual Coupons When you buy the

help please

Use the bond term's below to answer the question Maturity 4 years Coupon Rate3% Face value $1,000 Annual Coupons When you buy the bond the interest rate is 5% Right after you buy the bond, the interest rate changes from 5.00% to 3.00% and remains there. What is the price effect in year 3? $20.95 $19.91 $19.05 $17.32

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