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Determine the prices of a bond issued by Ford with the following attributes: Face value: $1,000 Maturity period: 15 years Coupon rate: 7% Semiannual coupon

Determine the prices of a bond issued by Ford with the following attributes:

Face value: $1,000

Maturity period: 15 years

Coupon rate: 7% Semiannual coupon payments

Calculate the bond's prices for the following Yield to Maturity (YTM) scenarios:

a) YTM of 7%

b) YTM of 9%

c) YTM of 5%

Please demonstrate your calculations, rounding the final results to two decimal places for each case.

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