Question: Attempt in Progress Azero coupon bond has a par value of $1,000 and will mature in 7 years. a (a1) * Your answer is incorrect.

 Attempt in Progress Azero coupon bond has a par value of

Attempt in Progress Azero coupon bond has a par value of $1,000 and will mature in 7 years. a (a1) * Your answer is incorrect. Calculate the price of this bond if the market yield is 8.55 percent. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 2 decimal places, e.g. 1564.25.) Bond price $ 695.96 e Textbook and Media Attempts: 2 of 2 used (a2) Calculate the price of this bond if the market yield is 6.05 percent. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 2 decimal places, e.g. 1564.25.) Bond price $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit

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