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AGM and a Ford bond both have 4 years to maturity, a $1,000 par value, a BB rating and pay interest semiannually. GM has a

AGM and a Ford bond both have 4 years to maturity, a $1,000 par value, a BB rating and pay interest semiannually. GM has a coupon rate of 6.6%, while Ford has a coupon rate of 5.4%. Part 1 IB Attempt 1/8 for 10 pts. The GM bond trades at 92.08 (percent of par). What is the yield to maturity (YTMY? 3+ decimals Submit Part 2 IB- Attempt 1/8 for 10 pts. What should be the price of the Ford bond (in $)? 0+ decimals Submit

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