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See photo attached for question Homework: MT217 M5 Competency Assessment Score: 0 of 5 pts Problem 7.LO4.16 15 of 20 (17 complete) Save HW Score:

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Homework: MT217 M5 Competency Assessment Score: 0 of 5 pts Problem 7.LO4.16 15 of 20 (17 complete) Save HW Score: 80%, 80 of 100 pts Question Help AU.S. Government 2-year T-Note has a face value of $1,000 and pays annual coupons of $50. The first coupon is due in one year. What is the correct price for the coupon bond today? Use the term structure of interest rates shown below. Term 1-year 2-years Spot Rate 4.5% 5.0% The correct price for the coupon bond today is $ (Round to the nearest cent.)

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