Question: 1. Lockheed Martin has a bond outstanding with an A-rating, $1,000 par value and 4.7% coupon rate, paid annually. This bond was issued in 2015

1. Lockheed Martin has a bond outstanding with an A-rating, $1,000 par value and 4.7% coupon rate, paid annually. This bond was issued in 2015 and matures in 2046. If the current market rate is 3.137%, what is the price of the bond? 2. Calculate the previous bond as if it were an semiannual bond instead of annual

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