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Question 9 (0,5 points) Cherry Inc. issues a 4-year default free bond which has a face value of $1 000 and pays a yearly
Question 9 (0,5 points) Cherry Inc. issues a 4-year default free bond which has a face value of $1 000 and pays a yearly coupon rate of 4,50%. Given the YTM of zero-coupon bonds as below, calculate the price of the price of this bond? Maturity (years) YTM 1 2 3 4 5 2,00% 3,85% 4,65% 5,15% 5,65% Instructions: Round the result to two decimal places and do not put the "$" symbol in the answer box. For example if you get a result of 923.2893 m then write 923.29 in the answer box below.
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