Question: need help with 23 and 24 ( (a) and (c) above consol bond has a par value of $1,000.00 and a coupon of 4.0%. It

need help with 23 and 24

( (a) and (c) above consol bond has a par value of $1,000.00 and a coupon of 4.0%. It pays interest semiannually. The yield to maturity on this bond is currently 5%. The current price of the bond is (a) $800.00 (b) $1,000.00 (c) $1,040.00 (d) $960.00 (e) none of the above 24) Other things constant, bond price volatility is greater (a) the longer the term to maturity (b) the shorter the term to maturity (c) the term to maturity has no impact on bond price volatility (d) for Treasury bills than for consol bonds (e) none of the above

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