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4. What is the value of a bond with 5 years to maturity, a coupon rate of 8%, annual coupons, a par value of $1,000,

4. What is the value of a bond with 5 years to maturity, a coupon rate of 8%, annual coupons, a par value of $1,000, and a yield-to-maturity of 11% if the next coupon is due in one year? 801.22 889.12 1023.20 950.87

4B. A bond has a coupon rate of 8%, par value of $1000, 12 years until maturity, YTM of 6%, and coupons paid semi-annually with the next one due in 6 months. What is the price of the bond? 1059.01 890.22 1169.36 1102.81

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