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Inc. has a 9.0% coupon, with semiannual payments. YTM is 9.78%. Maturity is 7 yrs. What's the price? Hint: remember for semi-annual, divide both the

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Inc. has a 9.0% coupon, with semiannual payments. YTM is 9.78%. Maturity is 7 yrs. What's the price? Hint: remember for semi-annual, divide both the coupon rate and YTM by 2, and multiply the number of periods by 2. This is exactly like the semi-annual bond problems in the book, video and practice. $1,512.53 $1,409.71 $1,035.39 $961.12 $1,448.59

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