Question: please answer , thanks Intro A GM and a Ford bond both have 4 years to maturity, a $1,000 par value, a BB rating and

please answer , thanks please answer , thanks Intro A GM and a Ford bond both

Intro A GM and a Ford bond both have 4 years to maturity, a $1,000 par value, a BB rating and pay interest semiannually. GM has a coupon rate of 6.7%, while Ford has a coupon rate of 5.6%. Part 1 Attempt 1/10 for 10pt The GM bond trades at 89.94 (percent of par). What is the yield to maturity (YTM)? Part 2 What should be the price of the Ford bond (in \$)

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