Q5/Q6

A 4-year bond has a 3 percent annual coupon, a yield to maturity of 12 percent, and a face value of $1,000. What is the price of the bond? $756.64 0 $746.64 $766.64 O $726.64 O $736.64 Question 6 1 pts You intend to purchase a 25-year, $1,000 face value bond that pays interest of $58 every every 6 months. If your nominal annual required rate of return is 11.2 percent with semiannual compounding, how much should you be willing to pay for this bond? O $733.37 O $1,133.37 O $933.37 O $833.37 o $1,033.37