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2. Using the May 2097 Ford Motor 7.7% bond, assuming a $1,000 semi-annual coupon bond, find the bonds yield to maturity if the bond is

2. Using the May 2097 Ford Motor 7.7% bond, assuming a $1,000 semi-annual coupon

bond, find the bonds yield to maturity if the bond is selling for the following prices:

https://finra-markets.morningstar.com/BondCenter/BondDetail.jsp?ticker=C54017&symbol=F.GQ

(a) 900?

(b) 1,000?

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