ANSWER BOTH PLEASE
1) what is the price of a $1000 par value, 22 year, annual coupon bond with a 7.9% coupon rate in a yield to maturity of 10.5%?
2) you bought a 15 year, 5.1% semi annual coupon bond today and the current market rate of return is 4.1%. The bond is callable in seven years with a $67 car premium. What price did you pay for your bond?