Question: Problem 17 Intro A GM and a Ford bond both have 4 years to maturity, a $1 ,000 par value, a BB rating and pay

Problem 17 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 6.3%, while Ford has a coupon rate of 5.7%. Part 1 E H |"' Attempt4/5 for10pts. The GM bond trades at 88.04 (percent of par). What is the yield to maturity (YT M)? Previous answers: 31.50; 31.51%; 3+ deCImals 830.40 Part 2 i H |"' Attempt2/5 for10pts. What should be the price of the Ford bond (in $)? 0+ decimals Problem 17 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 6.3%, while Ford has a coupon rate of 5.7%. Part 1 E H |"' Attempt4/5 for10pts. The GM bond trades at 88.04 (percent of par). What is the yield to maturity (YT M)? 3+ decimals Part 2 i' H |"' Attempt2/5 for10pts. What should be the price of the Ford bond (in $)? 0+ decimals Previous answers: 979.98

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