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You are considering buying a semi-annual coupon bond with a stated coupon rate of 12% (note that the stated rate is in annual terms). There

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You are considering buying a semi-annual coupon bond with a stated coupon rate of 12% (note that the stated rate is in annual terms). There are 18 years to maturity remaining on it. Your required rate of return is 7.1% per year, How much should you be willing to pay for this bond? (Round your answer to three decimal places. For example 1.23450 or 1.23463 will be rounded to 1.235 while 1.23448 will be rounded to 1.234). Question 44 2 pts Four years ago. Company XYZ has issued a bond with the original maturity of 22 years. The bond has a semi-annual coupon rate of 6% (note that the stated rate is in annual terms). If the YTM is 8.7 %, what is the bond price? (Write this number as a decimal and not as a percentage, e.g. 0.11 not 11%. Round your answer to three decimal places. For example 1.23450 or 1.23463 will be rounded to 1.235 while 1.23448 will be rounded to 1.234)

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