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A General Power bond carries a coupon rate of 9.2%, has 9 years until maturity, and sells at a yield to maturity of 8.2%. (Assume ar interest payments.) a. What interest payments do bondholders receive each year? b. At what price does the bond sell? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. What will happen to the bond price if the yield to maturity falls to 7.2%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) d. If the yield to maturity falls to 7.2%, will the current yield be less, or more, than the yield to maturity? la. Interest payments b. Price Price will by C. d. Current yield is than yield to maturity.

General Power bond carries a coupon rate of 9.2%, has 9 years until maturity, and sells at a yleld to maturity of 8.2%. (Assume annual Interest payments.) a. What interest payments do bondholders receive each year? b. At what price does the bond sell? (Do not round intermediate calculations, Round your answer to 2 decimal places.) c. What will happen to the bond price of the yield to maturity falls to 7.2%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) d. If the yield to maturity falls to 72%, will the current yield be less, or more than the yield to maturity? 92 b Interest payments Price Price will Current yield is by than yold to maturity d

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