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Missing information on a bond. Your broker faxed to you the following information about two annual couponLOADING... bonds that you are considering as a potential

Missing information on a bond. Your broker faxed to you the following information about two annual couponLOADING... bonds that you are considering as a potential investment. Unfortunately, your fax machine is blurring some of the items, and all you can read from the fax on the two different bands is the following: Fill in the missing data from the information that the broker sent. What is the price of the IBM coupon bond?

Features

IBM Coupon Bond

AOL Coupon Bond

Face value (Par)

$1,000

$5,000

Coupon rate

10.5%

?

Yield to maturity

7.5%

6.5%

Years to maturity

10

25

Price

?

$5,914.84

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