How Would The Price Of The H W Bond React To Changing Market Interest Rates To Find 2778649

How would the price of the H&W bond react to changing market interest rates? To find out, determine how the price of the issue reacts to changes in the bond’s yield to maturity. Find the value of the security when the YTM is (1) 5.625%, (2) 8.0%, and (3) 4.5%. Label your findings as being a premium, par, or discount bond.