Question: Table 1 0 - 1 Bond price tableRefer to Table 1 0 - 1 , which is based on bonds paying 1 0 percent interest

Table 10-1 Bond price tableRefer to Table 10-1, which is based on bonds paying 10 percent interest for 20 years. Assume interest rates in the market
(yield to maturity) increase from 9 to 14 percent.
a. What is the bond price at 9 percent?
b. What is the bond price at 14 percent?
Bond price
c. What would be your percentage return on the investment if you bought when rates were 9 percent and sold when
rates were 14 percent?
Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.Table 10-1 Bond price table
 Table 10-1 Bond price tableRefer to Table 10-1, which is based

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