Problem 2 Five years ago, your firm issued bonds with twenty years to maturity. The bonds have a 5% coupon rate and a 3% yield to maturity. The bonds have a $1,000 par value. A. What were the bonds priced at when issued? B. What are the bonds currently priced at today?

Problem 2 Five years ago, your firm issued bonds with twenty years to maturity. The bonds have a 5% coupon rate and a 3% yield to maturity. The bonds have a $1,000 par value. A. What were the bonds priced at when issued? B. What are the bonds currently priced at today