(Related to Checkpoint 9.3) (Bond valuation) Calculate the value of a bond that matures in 18 years and has a $1,000 par value. The annual coupon interest rate is 9 percent and the market's required yield to maturity on a comparable-risk bond is 16 percent. The value of the bond is \{ (Round to the nearest centh) (Related to Checkpoint 9.2) (rield to maturity) The market price is $1,100 for a 17 -year bond (\$1,000 par value) that pays 9 percent annual interest, but makes interest paymeets on a semiannual basis ( 4.5 percent semiannualy). What is the bond's yleld to maturity? The bonds yield to maturity is 6. (Round to two decimal places.)