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Question 3 An annual coupon bond has a coupon rate of 7 percent, 23 years...

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Question 3 An annual coupon bond has a coupon rate of 7 percent, 23 years to maturity, a par value of $1000, and a yield to maturity of 9 percent. What is the bond price? Answer to the nearest cent and do not include the $ sign. For example, if the price is $100.25, you should enter 100.25 as the answer. Question 4 A semi-annual coupon bond with a $1,000 par value pays a coupon rate of 6 percent. The bond has a yield to maturity of 8 percent and 6 years remaining until maturity. What is the bond price? Answer to the nearest cent and do not include the $ sign. For example, if the price is $100.25, you should enter 100.25 as the

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