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And last but not least if the market rate drops to 3 what

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How would i go about calculating the market price of a 5 year bond with a face value of $1000 and a 4% coupon rate if the market interest rate is also 4%?

And what If I decided that the market rate increase to 5%, what is the new market price of the bond?

And last but not least If the market rate drops to 3%, what is the new market price of the bond?

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Finance Basics: And last but not least if the market rate drops to 3 what

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Finance Basics: And last but not least if the market rate drops to 3 what

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