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A General Power bond carries a coupon rate of

`9.3%`

, has 9 years until maturity, and sells at a yield to maturity of

`8.3%`

. (Assume annual interest payments.) a. What interest payments do bondholders receive each year? b. At what price does the bond sell? Note: 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

`7.3%`

? Note: Do not round intermediate calculations. Round your answer to

`2`

decimal places.