n $2$

Bond price.

A Jupiter Inc. bond has a par value of $$1,000,$ with $5$ years remaining to maturity and is paying $8$ percent interest for on a semiannual basis. Assume interest rates in the market $($yield to maturity$)$ are $9$ percent. What is the bond price

S Number

Round your answer to the nearest cent

$2,$

Bond YTM$.$

A Jupiter Inc. bond has a par value of $$1,000,$ with $16$ years remaining to maturity and is paying $9$ percent interest on a semiannual basis. The bond currently trades at $$820.$ What is the bond yield to maturity?

Round your ansverto tyo decinals