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help with part 2 please! Problem 20 You have until 4:40 PM to complete this assignment. Intro A corporate bond has 2 years to maturity,

image text in transcribedhelp with part 2 please!
Problem 20 You have until 4:40 PM to complete this assignment. Intro A corporate bond has 2 years to maturity, a coupon rate of 12%, a face value of $1,000 and pays coupons semiannually. The market interest rate for similar bonds is 11.5%. Part 1 Attempt 1/1 for 10 pts. What is the price of the bond (in $)? (Please enter your answer with 4 digits after the decimal point!) 1008.71 Move on Part 2 | Attempt 1/1 for 10 pts. What is the value of the numerator to be used in calculating bond's duration? (Please enter your answer with 6 digits after the decimal point!) 0+ decimals Submit

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