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1. Lycan, Inc., has 6 percent coupon bonds on the market that have 9 years left to maturity. The bonds make annual payments. If the

1. Lycan, Inc., has 6 percent coupon bonds on the market that have 9 years left to maturity. The bonds make annual payments.

If the YTM on these bonds is 8 percent, what is the current bond price? Round your answer to 2 decimal places

Current Bond Price is ?

2 App Store Co. issued 20-year bonds one year ago at a coupon rate of 6.1 percent. The bonds make semiannual payments.

If the YTM on these bonds is 5.3 percent, what is the current bond price? Round your answer to 2 decimal places

Current Bond Price is ?

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