Question: 1 & 2 please 1. Maxor Corp, issued 20 Year bonds four years ago at a coupon rate of 5.5%. The bonds make semiannual payments

1 & 2 please 1. Maxor Corp, issued 20 Year bonds four 1 & 2 please

1. Maxor Corp, issued 20 Year bonds four years ago at a coupon rate of 5.5%. The bonds make semiannual payments and hav a prar value of 1,000. If the YTM on thes bonds is 6 percent what is the current bond price? Price must be in Dollars not yield quotation. We say this bond sells at a discount or a premium? Why? 2. Cockerham Co. Issued 20 year bonds three years ago at a coupon rate of 5.1%. The bonds make semiannual payments. If these bonds currently sell for 103 percent of par value, what is the YTM

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