Bond Prices A $1,000 par bond that pays interest semiannually has a quoted coupon rate of 5.6%, a promised yield to maturity of 4.9% and exactly 5 years to maturity. What is the bond's current value? Multiple Choice $995.22 $1011.78 oooo $1030.71 $1,066.90 TIPS A TIPS bond with a $1,000 par value was issued three years ago with a coupon rate of 9%. In the first year inflation was 5.5%, in the second year 6% and in the third year 6.5%. The coupon payment at the end of the third year would be Multiple Choice $10710 $10730 $90.00 $10719