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A corporate bond has 18 years to maturity, a face value of $1,000, a coupon rate of 5.3% and pays interest twice a year. The

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A corporate bond has 18 years to maturity, a face value of $1,000, a coupon rate of 5.3% and pays interest twice a year. The annual market interest rate for similar bonds is 3.3%. Attempt 1/1 for 10 pts. Part 1 What is the price of the bond (in $)? 0+ decimals Submit | Attempt 1/1 for 10 pts. Part 2 2 years later, the market interest rate for similar bonds has gone up to 4.3%. What is the new price of the bond (in $)? 0+ decimals

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