Question: Hra 151 25 4. ABC Corp. issued a 25-year maturity bond in 2001 with 7.5 percent coupon paid semi-annually. The bond has a face value

 Hra 151 25 4. ABC Corp. issued a 25-year maturity bond

Hra 151 25 4. ABC Corp. issued a 25-year maturity bond in 2001 with 7.5 percent coupon paid semi-annually. The bond has a face value of $1,000. You bought the bond in 2009 when the yield to maturity on this bond was 7.8 percent. You sold the bond in 2013 when the yield to maturity on the same bond increased to 10.6 percent. What is the percentage change in the price of this bond from 2009 to 2013? (5 points) sales- purch purch

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