Question: 6. Problem 7.13 (Price And Yield) ebook Problem Walk-Through A6% semiannual coupon bond matures in years. The band has a face value of $1,000 and

 6. Problem 7.13 (Price And Yield) ebook Problem Walk-Through A6% semiannual

6. Problem 7.13 (Price And Yield) ebook Problem Walk-Through A6% semiannual coupon bond matures in years. The band has a face value of $1,000 and a current yield of 6.7292%. What are the bond's price and YTM? (Hint: Refer to Footnote for the definition of the current yield and to Table 7.1) Do not round intermediate calculations. Round your answer for the band's price to the nearest cent and for YTM to two decimal places Band's price: $ YTM

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