Question: Consider a bond ( with par value = $ 1 , 0 0 0 ) paying a coupon rate of 9 % per year semiannually

Consider a bond (with par value =$1,000) paying a coupon rate of 9% per year semiannually when the market interest rate is only 4% per half-year. The bond has three years until maturity.
a. Find the bond's price today and six months from now after the next coupon is paid. (Round your answers to 2 decimal places.)
Answer is complete but not entirely correct.
\table[[,,],[Current price,$,1,170.92x
 Consider a bond (with par value =$1,000) paying a coupon rate

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