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There are two ways to model bond price: (1) The bond price is equal to the future bond cash flows discounted at the YTM, and

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There are two ways to model bond price: (1) The bond price is equal to the future bond cash flows discounted at the YTM, and (2) the bond price is equal to the future bond cash flows discounted using discount rates that differ from one period to another. True O False 9 19 What must be the price of a $10,000 bond with a 6,1% coupon rate, semiannual coupons, and five years to maturity if it has a yield to maturity of 10% APR? (hint: 5% discount rate every 6 months) $8494.26 $10.193.11 O $11,891.97 O $6795.41

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