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Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate com Problem 6-B Bond Pricing A Japan-based company, Sumo Gyms, Inc., issues a 35-year, semi-annual coupon bond, with a 300 million par value. The coupon rate is given as 5.80%, and the yield to maturity is 6.55. a. What is the value of the semi-annual coupon on the bond? (Enter your answer in millions and round to two decimal places.) Answer is complete and correct. Coupon M 8.70 million b. What is the price of the bond? (Enter your answer in millions and round to two decimal places.) Answer is complete but not entirely correct. Bond price V 895.18 X million

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