Problem 13-01 A $1,000 bond has a coupon of 5 percent and matures after ten years. Assume that the bond pays interest annually a. What would be the bond's price if comparable debt yields 8 percent? Use Appendix B and Appendix D to answer the nearest dollar. question. Round your answer to the b. What would be the price if comparable debt yields 8 percent and the bond matures after five years? Use Appendix B and Appendix D to answer the Round your answer to the nearest dollar. C. Why are the prices different in a and b? The price of the bond in a is -Selectthan the price of the bond in b as the investors will collect the Selectinterest payments for a longer period of time. d. What are the current yields and the yields to maturity in a and b? Round your answers to two decimal places. The bond matures after ten years: CY: YTM: The bond matures after five years: CY: YTM: O Type here to search