QUESTION 24 8 points Save Answer The Morrissey Company's bonds mature in 7 years, have a par value of $1,000, and make an annual coupon payment of $70. The market interest rate for the bonds is 8.5%. What is the bond's price? TT TT Paragraph : Arial 3 (12pt) . . . T... %DOQO T T. 259 --- . Of Mashups - 16 E s Path:p Words: QUESTION 25 8 points Save Answer A 2-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 15%. What is the bonds yield to maturity if the bond is selling for $980? TTTT Paragraph Arial 3 (12pt) - E.T. %DO Q UEST' TOT ---- Path: Words: Wordse