Exercice 2: * Find the price of a $1 000 par value bond that matures in 10 years if it pays interest annually, if it is based on a 6% coupon rate, and if the market rate interest is 7 percent b. Determine the price of a 15 years bond that pays interest semi-annually and has a par value of $1.000 and a coupon rate of 5%, when the appropriate market rate is 6% Estimate the yield to maturity (YTM) on a 20 years, 6% bond that pays semi-annual coupons and is selling for $1030