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Q1 Q2 he Blue Raider Company has a bond with a par value of $1,000 that sells for $985.78. The bond has a coupon rate

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he Blue Raider Company has a bond with a par value of $1,000 that sells for $985.78. The bond has a coupon rate of 12 percent and matures in 20 ears. If the bond makes annual coupon payments, what is the YTM of the bond? Round to one place past the decimal point. There are zero coupon bonds outstanding that have a YTM of 5.8 percent and mature in 18 years. The bonds have a par value of $10.000. If we assume semiannual compounding, what is the price of the bonds? Numeric Response

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