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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

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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 \6.4, while Ford has a coupon rate of \5. Part 1 The GM bond trades at 90.8 (percent of par). What is the yield to maturity (MTM)? Part 2 Attempt \\( 1 / 10 \\) for 10 pts. What should be the price of the Ford bond (in \\$)

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