A corporate bond maturing in 15 years with a coupon rate of 9.9 percent was purchased for $980 and it is now selling for $1,010. a) What will be its selling price in two years if comparable market...

A corporate bond maturing in 15 years with a coupon rate of 9.9 percent was purchased for $980 and it is now selling for $1,010.

a) What will be its selling price in two years if comparable market interest rates drop 1.9 percentage points?

b) Calculate the bond's YTM (word answer)?