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84 2. Get Out & Vote, Inc. (GOV) issued a corporate bond that matures in 7 years. 85 The coupon rate is 2.6% and the
84 2. Get Out & Vote, Inc. (GOV) issued a corporate bond that matures in 7 years. 85 The coupon rate is 2.6% and the par value is $1,000. The bond pays interest semi-annually. 86 The yield to maturity on the bond is 2.3%. 87 What is the current price of the bond? Is this a premium or a discount bond and how do you know? (10 points) 88 89 $1,019.29 Premoum + explanation 90
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