Given the following information quoted from yahoo.Finance​ (orWall Street journal bond​ section) for today and given in thefollowing table.
Assume that Today is February​ 15, 20092009 | |
Type | Issue Date | Price | Coupon Rate | Maturity Date | YTM | Current Yield | Rating |
Bond | Aug 2003 | − | 7.007.00​% | ​8-15-2018 | 6.000​% | − | AAA |
What is the price of this bond​ (assume a 1,000 par value​)?What is the current yield of this​ bond?   
​Hint: Make sure to round all intermediate calculations to atleast six decimal places. Final answer to be rounded to twodecimals.
What is the price in dollars of the August 2003 ​bond? ​(Do notenter a​ $ sign. Use commas to separate thousands and use twodecimals. Round to the nearest cent. For​ example, if the price youobtained is​ $1,187.659321 then enter ​1,187.66​)
What is the currrent yield of the August 2003 ​bond? ​(Round totwo decimal places. You must enter answer in percentagedenomination. For example if the answer you obtained is 0.05247then enter 5.25​)
