Question: 32. Problem 7.13 (Price And Yield) eBook Problem Walk-Through A9% semiannual coupon bond matures in 5 years. The bond has a face value of $1,000
32. Problem 7.13 (Price And Yield) eBook Problem Walk-Through A9% semiannual coupon bond matures in 5 years. The bond has a face value of $1,000 and a current yield of 8.9573%. 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. 96
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