Question: Question 8 1 pts Bond Features Maturity (years) 6 Face Value = $1,000 Starting Interest Rate 3.84% Coupon Rate = 4% Coupon dates (Annual) If

Question 8 1 pts Bond Features Maturity (years) 6 Face Value

Question 8 1 pts Bond Features Maturity (years) 6 Face Value = $1,000 Starting Interest Rate 3.84% Coupon Rate = 4% Coupon dates (Annual) If interest rates change from 3.84% to 5.06% immediately after you buy the bond today (and stay at the new interest rate), what is the price effect in year 4 ? State your answer to the nearest penny (e.g., 48.45) If there is a loss, state your answer with a negative sign (e.g., -52.30)

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