Question: pls answer both questions and if possible show work. will give thumbs up All else constant, if the yield to maturity of a bond increases,

pls answer both questions and if possible show work. will give thumbs up

All else constant, if the yield to maturity of a bond increases, the the value of the bond a. increases b. decreases c. remains the same d. not enough information To answer enter a, b, c, or d Answer format: Text What is the value today of receiving $2,538.00 per year forever? Assume the first payment is made next year and the discount rate is 11.00%. Answer format: Currency: Round to: 2 decimal places

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