Question: please exain to me how to do this problem with the financial calculator HP10bII+ You own a bond with a par value of $1,000 and

please exain to me how to do this problem with the financial calculator HP10bII+

You own a bond with a par value of $1,000 and a coupon rate of 7.00% (semiannual coupon). You know it has a current yield of 9.00%. What is its yield to maturity? The bond has 5 years to maturity. Current Yield = (annual payment / price). (hint: solve for price to answer the question). 13.47% 14.30% 13.21% 13.93% 13.54%

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