Question: Check my work Problem 6-1 Financial Pages (L01) Consider the table given below to answer the following question. 10 points Skipped 0 0 Maturity 2017,

Check my work Problem 6-1 Financial Pages (L01) Consider the table given below to answer the following question. 10 points Skipped 0 0 Maturity 2017, Nov 15 2018, Nov 15 2022, Nov 15 2025, Nov 15 2028, Nov 15 2039, Nov 15 2044, Nov 15 Coupon 4.250 1.250 1.625 2.250 5.250 4.375 3.000 Bid Price 106.6250 100.1484 97.3047 99.7500 130.3906 124.6406 98.5859 Asked Price 106.6406 100.1641 97.3203 99.7656 130.4531 124.6719 9 8.6172 Chg .0078 .1094 0.3281 0.3516 0.3828 0.4766 0.3750 Maturity (%) 0.888 1.194 2.038 2.276 2.493 2.935 3.072 eBook Print a. What is the current yield of the 1.625% 2022 maturity bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.) References Current yield % b. The current yield is less than the yield to maturity whenever the bond price is greater than the face value." State whether the statement is true or false? True False
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