Q7

Intro Ultra Air's bonds have a 11-year maturity, a 12\% coupon, paid semiannually, and a par value of $1,000. Part 1 B Attempt 1/10 for 10 pts. What is the bond's value (in \$) if the required return (YTM) is 4% ? What is the bond's value (in \$) if the required return (YTM) is 4% ? Part 2 What is the bond's value (in \$) if the required return (YTM) is 5% ? Part 3 What is the bond's value (in \$) if the required return (YTM) is 3%