Question a 7 semiannual coupon bond matures in 5 years the, Ask an Expert

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Question: A 7% semiannual coupon bond matures in 5 years. The bond has a face value of $1,000 and a current yield of 7.5767%.

What is the bond's price? Round your answer to the nearest cent.

What is the bond's YTM? Round your answers to two decimal places.

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Category:- Basic Finance
Reference No.:- M92767503

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