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A 7% semiannual coupon bond matures in 6 years. The bond has a face value of...

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Finance

A 7% semiannual coupon bond matures in 6 years. The bond has aface value of $1,000 and a current yield of 7.5864%.

What is the bond's price? Do not round intermediate calculations.Round your answer to the nearest cent.
$

What is the bond's YTM? (Hint: Refer to Footnote 7 for thedefinition of the current yield and to Table 7.1.) Do not roundintermediate calculations. Round your answers to two decimalplaces.
   %

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A 7% semiannual coupon bond matures in 6 years. The bond has aface value of $1,000 and a current yield of 7.5864%.What is the bond's price? Do not round intermediate calculations.Round your answer to the nearest cent.$What is the bond's YTM? (Hint: Refer to Footnote 7 for thedefinition of the current yield and to Table 7.1.) Do not roundintermediate calculations. Round your answers to two decimalplaces.   %

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