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Question 11 (1 point) A 9.0% semiannual coupon bond matures in 15 years. The bond has a face value of $1,000 and a current yield

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Question 11 (1 point) A 9.0% semiannual coupon bond matures in 15 years. The bond has a face value of $1,000 and a current yield of 22.50%. a) What is the bond's price? b) What is the bond's YTM? a) $424.50; b) 22.50% a) $424.50; b) 23.77% a) $400.00; b) 23.77% a) $400.00; b) 11.89% a) $1,000.00; b) 22.50%

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