Question: Question 4 5 points Save Answer A $1,000 par value bond has 5 years to maturity. The bond has a 6% coupon rate and pays

Question 4 5 points Save Answer A $1,000 par value bond

Question 4 5 points Save Answer A $1,000 par value bond has 5 years to maturity. The bond has a 6% coupon rate and pays coupons twice per year or semiannually. If the YTM is 5%, what is the bond's current dollar price? A Moving to another question will save this response. >>

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