About the price and yield

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Reference no: EM131352278

Price and yield

An 6% semiannual coupon bond matures in 5 years. The bond has a face value of $1,000 and a current yield of 6.7292%.

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

What is the bond's YTM? %

Reference no: EM131352278

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