A 7 semiannual coupon bond matures in 5 years the bond has, Finance Basics

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A 7 semiannual coupon bond matures in 5 years the bond has

Question: A 7% semiannual coupon bond matures in 5 years. The bond has a face value of $1,000 and a current yield of 7.5767%.

What is the bond's price? Round your answer to the nearest cent.

What is the bond's YTM? Round your answers to two decimal places.

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Finance Basics: A 7 semiannual coupon bond matures in 5 years the bond has

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Finance Basics: A 7 semiannual coupon bond matures in 5 years the bond has

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