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Suppose that General Molon Acceptance Corporation issued a bond with 10 years undi matinity a face value of $1,000, and a coupon rale of 7.1i (arnual paymerts) Tre yeld to matury on this bond when it was issued was 6.2%. What was the prico of this bond when it was lssued? When it was iseved, the price of the bond was I (Found to the nearest cert).

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Suppose that General Molon Acceptance Corporation issued a bond with 10 years undi matinity a face value of $1,000, and a coupon rale of 7.1i (arnual paymerts) Tre yeld to matury on this bond when it was issued was 6.2%. What was the prico of this bond when it was lssued? When it was iseved, the price of the bond was I (Found to the nearest cert)

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