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Im not sure how to put this into a financial calculator 1. Suppose the coupon rate on a bond is 8% paid semi-annually, the YTM

image text in transcribedIm not sure how to put this into a financial calculator

1. Suppose the coupon rate on a bond is 8% paid semi-annually, the YTM is 5.5%, the par value of the bond is $1,000, and the maturity is 15 years. a. Calculate the price of the bond (6 pts): 1 1,000 + (1.0275 = 40 (1.0275)30 $1,253.12 0.0275 FV 1,000; PMT 40; I/YR 2.75 30; PV -1,253.12 > $1,253.12

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