13. The 4.5 percent bond of JL Motors has a face value of $1,000, a maturity of 7 years, semiannual interest payments, and a yield to maturity of 6.32 percent. What is the current market price of the bond? $903.05 $898.31 $879.60 $912.40 $945.08

Question 14 A $1,000 face value bond currently has a yield to maturity of 8.02 percent. The bond matures in five years and pays interest semiannually. The coupon rate is 7.5 percent. What is the current price of this bond? $1,005.26 $978.92 O$970.96 $989.60