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Maple Park Manufacturing issued $800 million worth of 50-year bonds nine years ago. Each bond...

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Maple Park Manufacturing issued $800 million worth of 50-year bonds nine years ago. Each bond has a $1,000 par value (it sold initially for $1,000 and will return $1,000 at maturity) and a 5.2% annual coupon interest rate, but with interest paid every six months - so be sure to compute semiannually, and compute with enough decimal places to assure accuracy of investors' expected yield to maturity (which we treat as an effective annual rate, or EAR measure) is 5.6784 then at what price would we expect each of these semiannual interest payment bonds to sell today? [In questions 6 and 8 you did/will compute a coupon bond's theoretical value based on different coupon rate, remaining life, and yield to maturity figures] A 51.000.00 8. 5935.99 C. 51,067.55 D. 5924.23 E $951.59

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