Question: need part B A 9-year, $1000 face value bond makes annual payments and has a coupon rate of 7.9 percent. If the current yield on

need part B

A 9-year, $1000 face value bond makes annual payments and has a coupon rate of 7.9 percent. If the current yield on the bond is 7.6 percent, what is the bond's price? 1039.47 Correct response 1,033,470.0 Suppose that a year from now the bond sells at a yield to maturty of 7.7 percent. What is the price of the bond? Enter your answer founded to two decimat places Number Section Attempt 1 of 1 Verity

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