You plan to raise an additional $200,000 to purchase this equipment by selling bonds. You issue 200 $1,000 par value bonds maturing in 20 years at a coupon rate of 4% with semiannual coupon payments ($20 every six months). The yield to maturity (YTM) on these bonds is 4% compounded semiannually when they are issued. What is the value of a bond at issue? What is the value of a bond in 5 years if the YTM increases to 10% compounded semiannually? Compare this example to what is currently happening in bond markets.