Question: P6-18 (similar to) Question Help Missing information on a bond. Your broker faxed to you the following information about two quarterly coupon bonds that you

 P6-18 (similar to) Question Help Missing information on a bond. Your

P6-18 (similar to) Question Help Missing information on a bond. Your broker faxed to you the following information about two quarterly coupon bonds that you are considering as a potential investment. Unfortunately, your fax machine is blurring some of the items, and all you can read from the fax on the two different bonds is the following: E. Fill in the missing data from the information that the broker sent. What is the price of the IBM coupon bond? $ (Round to the nearest cent.) A Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Features Face value (Par) IBM Coupon Bond $5,000 12.5% 7.5% 15 ? AOL Coupon Bond $1,000 ? 9.5% Coupon rate Yield to maturity Years to maturity 10 Price $967.95 Enter your answer in the answer box and then click Check Answ part remaining Print Done

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