Question: Question 4 10 pts As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 28 years, the coupon

Question 4 10 pts As with most bonds, consider a bond

Question 4 10 pts As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 28 years, the coupon rate is 6% paid annually, and the discount rate is 18%. What is this bond's coupon payment? Enter your answer in dollars, rounded to the nearest cent (2 decimals). Question 5 10 pts A bond offers a coupon rate of 8%, paid annually, and has a maturity of 17 years. If the current market yield is 6% (discount rate), what should be the price of this bond? Enter your answer in dollars, without the dollar sign ('$'), and rounded to the nearest cent (2 decimals)

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