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1. Assume you have the following corporate bond quote on November 6, 2021: Price 101.96 Coupon (%) 5.150 Maturity June 1, 2026 YTM (%) 4.63

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1. Assume you have the following corporate bond quote on November 6, 2021: Price 101.96 Coupon (%) 5.150 Maturity June 1, 2026 YTM (%) 4.63 Current Yield (% 4.090 Fitch Ratings AA Callable? No a. Using the information above, what is the price of the bond? (3 points) b. Now assume that you do some additional research before you buy this bond. If other bonds with the same time to maturity and the same credit rating have a 5.24% YTM. What would be the price of the bond if it had a YTM of 5.68%? (6 points)

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