P11.4 (similar to) Question Help You have the opportunity to purchase a 17-year, $1,000 par value bond that has an annual coupon rate of 9%. If you require a YTM of 9.1%, how much is the bond worth to you? The price of the bond is $ (Round to the nearest cent.) P11.2 (similar to) i5 Question Help Two bonds have par values of $1,000. One is a 5%, 15-year bond priced to yield 10.0%. The other is a(n) 7%, 25-year bond priced to yield 6.5%. Which of these two has the lower price? (Assume annual compounding in both cases.) The price, PV, of the 5%, 15-year bond is $ . (Round to the nearest cent.)