Question $11(1$ point$)$

A $9\mathrm{.}0\%$ semiannual coupon bond matures in $15$ years. The bond has a face value of $$1,000$ and a current yield of $19\mathrm{.}50\%.$

a$)$ What is the bond's price?

b$)$ What is the bond's YTM$?$

a$)$ $$461\mathrm{.}54$; b$)10\mathrm{.}41\%$

a$)$ $$494\mathrm{.}58$; b$)19\mathrm{.}50\%$

a$)$ $$461\mathrm{.}54$; b$)20\mathrm{.}81\%$

a$)$ $$494\mathrm{.}58$; b$)20\mathrm{.}81\%$

a$)$ $$1,000\mathrm{.}00$; b$)19\mathrm{.}50\%$