1. Compute Bond Price (LG4) Calculate the price of a 5.2 percent coupon bond with 18 years left to maturity and a market interest rate of 4.6 percent. (Assume interest payments are semiannual.) (Do not round intermediate calculations and round your final answer to 2 decimal places.)
2. The most widely used monetary tool is altering the discount rate. altering the reserve requirements. open market operations. altering marginal tax rates.