0/1 point Question 3 XYZ company has 10% coupon bond that matures in 8 years. The bond pays its coupon semi-annually. What would be the price of the bond if the face value is $1,000 and the yield is at 9%? Please enter your answer in absolute value in 2 decimal place, without $, %, CAD signs. Answer: 1116.52 x (1056.17, 1,056.17, 1056.16, 1,056.16, 1056.18, 1,056.18) Hide question 3 feedback N=8*2=16, I/Y= 9/2=4.5% (semi-annual PMT=100/2=50, FV=1,000, PV= -1,056.17 (Premium bond)

XYZ company has 10% coupon bond that matures in 8 years. The bond pays its coupon semi-annually. What would be the price of the bond if the face value is $1,000 and the yield is at 9% ? Please enter your answer in absolute value in 2 decimal place, without \$, \%, CAD signs. Answer: 1116.52(1056.17,1,056.17,1056.16,1,056.16,1056.18,1,056.18) Hide question 3 feedback N=82=16,I/Y=9/2=4.5% (semi-annuah PMT=100/2=50,FV=1,000,PV=1,056.17 (Premium bond)