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Aln) 18 year 8% annual coupon bond has a yield to maturity of 8% with a par value of $1,000. What is the price of

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Aln) 18 year 8% annual coupon bond has a yield to maturity of 8% with a par value of $1,000. What is the price of this bond? (Round to two decimal places) 1 Question 3 4 pts 5-year bonds yield 7.3% and 5-year T-bonds yield 2.5%. The liquidity premium for the corporate bonds is LP = 0.15% versus zero for T-bonds, and the maturity risk premium for all bonds is the same. What is the default risk premium (DRP) on 5-year bonds? (Express your answer as a percent and round your answer to two decimal places.)

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