1. Payton Enterprises bonds have a 17 -year maturity, a 6.40 percent annual coupon rate, with semiannual payments, and a par value of $1,000. The going interest rate (rd) is 7.64 percent. What is the bond's price? 2. JPO Industries has a bond outstanding with 16 years to maturity, a 7.60 percent nominal coupon, semiannual payments, and a $1,000 par value. The bond currently sells for $1,026.58. What is the bond's nominal yield to maturity? 1. Payton Enterprises bonds have a 17 -year maturity, a 6.40 percent annual coupon rate, with semiannual payments, and a par value of $1,000. The going interest rate (rd) is 7.64 percent. What is the bond's price? 2. JPO Industries has a bond outstanding with 16 years to maturity, a 7.60 percent nominal coupon, semiannual payments, and a $1,000 par value. The bond currently sells for $1,026.58. What is the bond's nominal yield to maturity