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Question 4 2.5 pts Consider a bond with annual coupon rate of 7 percent. The par value is $1,000, and the bond has 7 years

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Question 4 2.5 pts Consider a bond with annual coupon rate of 7 percent. The par value is $1,000, and the bond has 7 years to maturity. The current market discount rate is 9%. What is the value of the bond? 764.43 899.34 809.4 989.27 854.37 Question 5 2.5 pts Consider a bond with annual coupon rate of 9 percent. The par value is $1,000, and the bond has 8 years to maturity. If current market price is 893, what is yield to maturity (YTM)? 10.5313% 11.0856% 12.1941 % O 9.97703 % 9.42275 %

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