Question: 5.5 - Bond Yields (please show work, thank you!) 1. Calculate bond price if the coupon payment is 7%, yield for the bond is 6%,

5.5 - Bond Yields (please show work, thank you!) 1. Calculate bond price if the coupon payment is 7%, yield for the bond is 6%, bond's face value is 1,000 and matures in 14, if paid semi-annually 2. Calculate the annual coupon payment if the semi-annual coupon paying bond price is $734, the yield for the bond is 6%, the bond's face value is $1,000 and matures in 7 years.

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