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Appetizing Treats, Inc. is a snack food company based in Arlington, Virginia run by CEO Timothy Wells. The yield to maturity on its $1,000 par

Appetizing Treats, Inc. is a snack food company based in Arlington, Virginia run by CEO Timothy Wells. The yield to maturity on its $1,000 par value bonds is 5.8% right now and the company made its most recent semiannual coupon payment yesterday. When the bonds were issued 2 years ago, they had 10 years to maturity and a coupon rate of 4 percent.

What is the price of the bond today?

What number of periods did you use in your price calculation?

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