Question: An A rated corporate bond from Textron has 7 years until maturity, a coupon rate ( paid semiannually ) of 5 . 3

An "A" rated corporate bond from Textron has 7 years until maturity, a coupon rate (paid semiannually) of 5.3%, and par value of $1000. Similar corporate bonds have yields-to-maturity of 3.3%. At that yield, what should be the price of the Textron bond as a percentage of par value?
 An "A" rated corporate bond from Textron has 7 years until

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