A $5000 bond with a coupon rate of 5.7% paid semiannually has ten years to maturity and a yield to maturity of 6.4%. If interest rates fall and the yield to maturity decreases by 0.8%, what will happen to the price of the bond?

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D) Using FV = $5000 periods to maturity = 20, 11ea84dc_f568_832d_9a63_078be6e32f14_TB1316_11_TB1316_11 and discount 11ea84dc_f568_aa3e_9a63_2dca34249774_TB1316_11_TB1316_11 calculate 11ea84dc_f568_aa3f_9a63_a976d21c065a_TB1316_11_TB1316_11 Using FV = $5000, periods to maturity = 20, 11ea84dc_f568_aa40_9a63_2587f9e86afe_TB1316_11_TB1316_11 and discount 11ea84dc_f568_aa41_9a63_77e5f791cbd5_TB1316_11_TB1316_11 , calculate 11ea84dc_f568_aa42_9a63_5ba653966f4d_TB1316_11_TB1316_11 11ea84dc_f568_aa43_9a63_039dbf0f1259_TB1316_11_TB1316_11

A $5000 Bond with a Coupon Rate of 5