Question: Question 29 1p Use the bond term's below to answer the question Maturity 6 years Coupon Rate 3% Face value $1,000 Annual Coupons When you

Question 29 1p Use the bond term's below to answer the question Maturity 6 years Coupon Rate 3% Face value $1,000 Annual Coupons When you buy the bond the interest rate is 6% Right after you buy the bond, the interest rate changes from 6.00% to 5.00% and remains there. What is the price effect in year 3? O $23.39 O $25.73 O $26.89 $28.30 O $21.26

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