Question $9$

An annual bond has a face value of $$1,000,$ a coupon rate of $9\mathrm{.}9\%,$ a yield to maturity of $11\mathrm{.}1\%$ and has $4$ years remaining to maturity. What is the price of the bond?

Question $10$

You are considering a $9-$year, $$1,000$ par value bond. Its coupon rate is $3\mathrm{.}3\%,$ and interest is paid $11$ times a year. If you require an "effective" annual interest rate $($not a nominal rate$)$ of $2\mathrm{.}7\%,$ how much are you be willing to pay for the bond? $($please round your answer to $2$ decimal places$)$