Question $2$

Suppose that you purchased a Baa rated $$1000$ annual coupon bond with an $8\mathrm{.}1\%$ coupon

rate and a $9-$year maturity at par value. The current rate on $9-$year US treasuries is $3\%.$ Two

years later, you look in the newspaper, and find that the yield on comparable debt is

$6\mathrm{.}892\%,$ how much is the bond currently worth?