Question: For the problem below, consider the following bond: CPT 5.95% 2040 Rounded to the nearest two decimal places as a percent, if the price of

For the problem below, consider the following bond:

CPT 5.95% 2040

Rounded to the nearest two decimal places as a percent, if the price of the bond is $965.00, then the yield to maturity rounded to two decimal places as a percent is Blank 1. Fill in the blank, read surrounding text.

______%.

If the yield on the bond is 5.60%, then rounded to the nearest dollar, then the price of the bond is $ Blank 1. Fill in the blank, read surrounding text ___________.

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