(Answered) Xyznbspcorps outstanding bonds have a 1000 par value and

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XYZ Corp.'s outstanding bonds have a $1,000 par value and they mature in 10 years. Their yield-to-maturity is 7%, annual coupon rate is 6%, and semi-annual compounding.

(a) What's the bond's current market price?

(b) What is the bond's current yield?

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