A 9 semiannual coupon bond matures in 4 years the bond has, Financial Management

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A 9 semiannual coupon bond matures in 4 years the bond has

Price and yield

A 9% semiannual coupon bond matures in 4 years. The bond has a face value of $1,000 and a current yield of 8.9408%.

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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Financial Management: A 9 semiannual coupon bond matures in 4 years the bond has

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Financial Management: A 9 semiannual coupon bond matures in 4 years the bond has

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