9-3: Bond Valuation Problem Walk-Through Bond valuation Nungesser Corporation's outstanding bonds have a $1,000 par value, a 7% semiannual 10 years to maturity, and an 11% YTM. What is the bond's price? Round your answer to nearest cent. 9-3: Bond Valuation Problem Walk-Through Bond valuation Bond X is noncallable and has 20 years to maturity, a 9% annual coupon, and a $1,000 Your required return on Bond X is 11%; and if you buy it, you plan to hold it for 5 years. the market) have expectations that in 5, years the yield to maturity on a 15-year bond v similar risk will be 10%. How much should you be willing to pay for Bond X today? (Hint: need to know how much the bond will be worth at the end of 5 years.) Round your answ nearest cent. $ 9-4: Bond Yields 9-5: Changes in Bond Values Over Time Bond returns Last year, Joan purchased a $1,000 face value corporate bond with an 12% annual coup and a 30-year maturity. At the time of the purchase, it had an expected yield to maturity 11.3%. If Joan sold the bond today for $1,010.76, what rate of return would she have ea the past year? Round your answer to two decimal places. %