Gugenheim, Inc., has a bond outstanding with a coupon rate of 7.3 percent and annual payments. The yield to maturity is 8.5 percent and the bond matures in 21 years. What is the market price if the bond has a par value of $2,000

Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.