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What is the price of a 5-year, 7.4% coupon bond selling to yield 5.6% assuming the coupon payments are made semi-annually? Assume the par value

  1. What is the price of a 5-year, 7.4% coupon bond selling to yield 5.6% assuming the coupon payments are made semi-annually? Assume the par value is $100.

  1. What is the present value of the coupons for a 5-year, 7.4% coupon bond selling to yield 5.6% assuming the coupon payments are made semi-annually? Assume the par value is $100.

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