Question: A bond with par value $1,000 has a current yield of 7% and a coupon rate of 8% What is the bond's price if it

A bond with par value $1,000 has a current yield of 7% and a coupon rate of 8% What is the bond's price if it pays interest annually? (Round your answer to the nearest cent.) Bond's price si A BCE bond has 6 years until maturity and a coupon rate of 8.7% payable annually, and sells for $1,030, Face value of the bond is $1,000. a. What is the current yield on the bond? (Round your answer to 2 decimal places.) Current yield % b. What is the yield to maturity? (Round your answer to 2 decimal places.) Yield to maturity %

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