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Question 5 (7 points) Compute the price of a $ 1,924 par value, 14 percent coupon consol, or perpetual bond (i.e., coupon interest payment is

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Question 5 (7 points) Compute the price of a $ 1,924 par value, 14 percent coupon consol, or perpetual bond (i.e., coupon interest payment is a perpetuity), assuming that the yield to maturity on the bond is 9 percent. (Round your answer to 2 decimal places and record without dollar sign or commas). Your Answer: Answer Question 6 (7 points) Compute the price of a $1,000 par value, 17 percent (semi-annual payment) coupon bond with 7 years remaining until maturity assuming that the bond's yield to maturity is 11 percent? (Round your answer to 2 decimal places and record your answer without dollar sign or commas). Your

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