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What is the price of the bond? __r.- f 4 170mm complete)Y I b I HWScore: 65.56%, 39.33 of60 pts _ ' P11.5 (similar to)|

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What is the price of the bond?

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__r.- f 4 170mm complete)Y I b I HWScore: 65.56%, 39.33 of60 pts _ ' P11.5 (similar to)| 000 par value bond that has an annual coupon rate of 11%. If you require a YTM of 9 6V 0, how much is the bond The price of the bond is 5!]. (Round to the nearest cent.)

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