A firm has an issue of $1000 par value bonds with a 12 percent coupon. The issue pays interest annually and has 10 years remaining to its maturity date. If bonds of the same risk are currently earning 7.5 percent, what is the price of the bond? Round it two decimal places, and do not include the $ sign, e.g.. 935.67. Your Answer: Answer Consider a 18-year bond with 10 percent annual coupon payments. The market rate (YTM) is 7.0 percent for this bond. The current yield of the bond is percent. Answer it in percentage without the % sign, and round it to two decimal place, e.g. 5.69. Your