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Intro A GM and a Ford bond both have 4 years to maturity, a $1,000 par value, a BB rating and pay interest semiannually, GM

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Intro A GM and a Ford bond both have 4 years to maturity, a $1,000 par value, a BB rating and pay interest semiannually, GM has a coupon rate of 6.9%, while Ford has a coupon rate of 5.6%. Part 1 Attempt 3/10 for 4 pts. The GM bond trades at 97.62 (percent of par). What is the yield to maturity (NTM)? Part 21 Attempt 1/10 for 10 pts. What should be the price of the Ford bond (in \$)

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