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Intro Ultra Air's bonds have a 9-year maturity, a 12% coupon, pald semiannually, and a par value of $1,000. Part 1 B. Attempt 1/5 for

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Intro Ultra Air's bonds have a 9-year maturity, a 12\% coupon, pald semiannually, and a par value of $1,000. Part 1 B. Attempt 1/5 for 10 pts. What is the bond's value (in \$) if the required return (VTM) is 5% ? Part 2 B. Attempt 1/5 for 10 pts. What is the bond's value (in \$) if the required return (VTM) is 6% ? Correct P=C[r11/(1+r)N]+(1+r)NF=60[0.0311/(1+0.03)18]+(1+0.03)181,000=1,412.61 Alternatively, we can use a financial calculator: What is the bond's value (in \$) if the required return (YTM) is 4%

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