can you answer the question without using excell please. Normal written way. A 4-year 5.8% coupon bond is selling to yield 7%. The bond pays interest annually. One year later interest rates decrease...

can you answer the question without using excell please. Normal written way.

A 4-year 5.8% coupon bond is selling to yield 7%. The bond pays interest annually. One year later interest rates decrease from 7% to 6.2%. Assuming the face value of the bond is 100

a.What is the price of the 4-year 5.8% coupon bond sellingto yield 7%?

b.What is the price of this bond one year later assuming the yield is unchanged at 7%?

c.What is the price of this bond one year later if instead of the yield being unchanged the yield decreases to 6.2%?

d.Calculate the following: Price change attributable to moving to maturity (no change in the discount rate)?Price change attribute to an increase in the discount rate from 7% to 6.2%?Total price change?