Question: please show steps A company issues a ten - year bond at par with a coupon rate of 6 % paid semi - annually. The

please show steps A company issues a ten-year bond at par with a coupon rate of 6% paid semi-annually. The Y TM at the beginning of the third year of
the bond (8 years left to maturity) is 9.5%. What was the percentage change in the price of the bond over the past two years?
A.-15.45%
B.-19.31%
C.-23.17%
D.-27.03%
 please show steps A company issues a ten-year bond at par

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