Question: 4 pts Question 24 A $5,000 face value bond has a $600 annual coupon payment and 10 years to maturity. If the yield to maturity
4 pts Question 24 A $5,000 face value bond has a $600 annual coupon payment and 10 years to maturity. If the yield to maturity is 6%, what is the price of the bond in percentage of par? 100.00 144.16 O 72.08 720.80 Question 25 4 pts What is the difference in present value between a perpetuity that pays $500 per year and an ordinary annuity that pays $500 per year for 25 years? Assume a discount rate of 7% and cash flows at the end of the period. (Enter your dollar answer as a number rounded to 2 decimal places. For example: $100.25 would be entered as 100.25)
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