You are the Treasurer of the City of Sangamon, population 50,000. You are selling 10-year bonds in the primary municipal bond market. To properly “size” the issue (determine how many bonds to sell to generate a certain amount of money for the project), you need to know how responsive the price of the bond would be if market rates change prior to issuance. The bond characteristics are: Settlement Date: May 1, 2018; Maturity Date: May 1, 2028; Coupon Interest Rate: 2.50%; Payment Frequency: Semiannual (2x per year), Par value: 100 (note that this means the result will be a percentage of the total amount issued). a. Calculate the price of the bonds at the following market interest rates (market yields): 2.3%, 2.4%, 2.5%, 2.6%, 2.7%