Question: 31. Problem 7.13 (Price And Yield) eBook Problem Walk-Through A6% semiannual coupon bond matures in 4 years. The band has a face value of $1,000
31. Problem 7.13 (Price And Yield) eBook Problem Walk-Through A6% semiannual coupon bond matures in 4 years. The band has a face value of $1,000 and a current yield of 6.5182%. What is the bond's price? Do not round Intermediate calculations, Round your answer to the nearest cent. $ What is the bond's YTM> (Hint: Refer to Footnote 6 for the definition of the current yield and to Table 7.1) Do not round Intermediate calculations, Round your answers to two decimal places. 90
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