points! Consider the same bond described in above except for one change instead of the coupon payments being made in the revised bond coupon What will happen to the bonds price, relative to your answer in Question 11 Answer Select bi 12 points Consider the same act hond described in bovence for one change stedet 15 years to maturity, the revised hond has 3 years to maturity. What will open to the bonds prove to your answer in Question 1 Answert a) (2 points) Consider the same bond described in #1 above except for one change: instead of the coupon payments being ma will happen to the bond's price, relative to your answer in Question 1? Answer: Select) Select) Decrease b) (2 poll nd described in #1 above except for one change: instead of 15 years to maturity. t 1? price, rel Increase Would not change Answer: Answer. Select b) (2 points. Consider the same exact bond described in #1 above except for one change: instead of 15 years to maturity, the revised bond has 3 years to maturi price, relative to your answer in Question 1? Answer Select Select] Increase Would not change Questi Decrease Question 1 Use the following information for questions 1-4: who are considering the purchase of a bond with the following features: Exactly 15 years to maturity 5 coupon, paid sembanually The current yield to maturity on the bond is 7% Paralue - $100 Choose the answers that best hills in the blanks in the following statements: al 2 points) The current price of the bond is Answer Select 2 point Because this band is priced at if the vield to maturity remains constant the price of the bond will as it approaches maturity Answer: Select