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Crimson Tide Incorporated has a bond trading on the secondary market that will mature in six years. The bond pays a semi-annual coupon with a

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Crimson Tide Incorporated has a bond trading on the secondary market that will mature in six years. The bond pays a semi-annual coupon with a coupon rate of 8.375% APR. Based on the economy and risk associated with Crimson Tide, you seek a 13.86\% APR return on Crimson Tide debt. The face value of the bond is $1,000. What price are you willing to pay for the bond? Answer format: Currency: Round to: 2 decimal places. Dawgpound Incorporated has a bond trading on the secondary market that will mature in four years. The bond pays an annual coupon with a coupon rate of 9.50%. Dawgpound bonds currently trade at $922.00, with a face value of $1,000. If you purchase the bond at this price, what is your yield to maturity

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