Guegen inc offers a 9.00% bond with annual payment. The YTM is4.9% and maturity date is 10 years. What is a market price of a $1000 face value bond?
Wine and roses inc offers a 9.0% coupon bond with semi-annual payment and YTM of 9.65%. The bonds mature in 18 years. What is a market price of $1000 face value bond?