Question: A $1,000 par value bond with five years left to maturity has 6% coupon rate. Couponpayment is made annually and the bond is priced to have a 5% yield to maturity (YTM). If the YTMsurprisingly increases by 0.5%, by how much will the bond's price change? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.