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The Diamond Co. just issued some new bonds with a maturity of 15 years and a face value of S1,000. Similar bonds have an annual

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The Diamond Co. just issued some new bonds with a maturity of 15 years and a face value of S1,000. Similar bonds have an annual coupon rate of 8.5%, and a yield to maturity of 7.2%. What is the current price of these bonds? Round to the nearest cent. Do not a dollar sign in your answer. (i.e. If your answer is $132.51, then type 432.51 without S sign) What is the YTM of a $1,000 par value bond with a 10% coupon rate, semi-annual coupon payments, and 9 years to maturity if the bond currently sells for $900? Round to the nearest hundredth percent. Do not include a percent sign in your answer. (.e. If your answer is 4.32%, then type 4.32 without a % sign)

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