Question: please and thank you! Problem 6-4 Bond Yields (L01) A bond with face value $1,000 has a current yield of 75% and a coupon rate

please and thank you!

Problem 6-4 Bond Yields (L01) A bond with face value $1,000 has a current yield of 75% and a coupon rate of 95% a. If interest is paid annually, what is the bond's price? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Bond price 1289 36 b. Is the bond's yield to maturity more or less than 952 More Less

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