Assume the Anavar Power Company (APC) bond pays semiannual interest on February 1st and August 1st. 2017 8.75% due February 1, 1. How much will each semi-annual coupon payment be? 2. 3. What is the effective yield of the bond if it is priced at face value? On August 2nd, 2010, the price of the bond was quoted at 110.0% ($110.00 per $100 of face value). What was the bond's YTM? Now assume it is August 2nd, 2011. Bonds comparable to the Anavar Power Company bond are yielding 5.84%. Estimate the price of APC's bonds at that time. 4