Question: You find a zero coupon bond with a par value of $10,000 and 27 years to maturity. The yield to maturity on this bond is

You find a zero coupon bond with a par value of $10,000 and 27 years to maturity. The yield to maturity on this bond is 4.9 percent. Assume semiannual compounding periods. What is the price of the bond?Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

Yan Yan Corporation has a $4,000 par value bond outstanding with a coupon rate of 5.2 percent paid semiannually and 26 years to maturity. The yield to maturity on this bond is 5.8 percent. What is the dollar price of the bond?Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

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