Question: Problem 6 - 1 4 ( LG 6 - 2 ) What is the bond quote for a $ 1 , 0 0 0 face

Problem 6-14(LG 6-2)
What is the bond quote for a $1,000 face value bond with an 9 percent coupon rate (paid semiannually) and a required return of 8.5
percent if the bond is 6.48574,8.47148,10.519, and 14.87875 years from maturity?
Note: Do not round intermediate calculations. Round your percentage answers to 3 decimal places (e.g.,32.161).
Answer is complete but not entirely correct.
 Problem 6-14(LG 6-2) What is the bond quote for a $1,000

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