Question: A bond with 5 years to maturity, a face value of $1,000 and a coupon rate of 9.0% is selling for $950. What is its

A bond with 5 years to maturity, a face value of $1,000 and a coupon rate of 9.0% is selling for $950. What is its yield to maturity? If the yield changes to 9.0%, what will be the new price of the bond? (Assume annual coupon payments.)

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