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Homework help! 4 of 15 (4 complete) HW Score: 20%, 6 of 30 pts Score: 0 of 2 pts XP 6-10 (similar to) Question Help

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4 of 15 (4 complete) HW Score: 20%, 6 of 30 pts Score: 0 of 2 pts XP 6-10 (similar to) Question Help The yield to maturity of a $1,000 bond with a 7.5% coupon rate, semiannual coupons, and two years to maturity is 8.3% APR, compounded semiannually. What is its price? The price of the bond is $ . (Round to the nearest cent.)

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