What is the bonds price do not round intermediate


Question: A 9% semiannual coupon bond matures in 5 years. The bond has a face value of exist1,000 and a current yield of 9.0643%.

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

2. What is the bond's YTM? Do not round intermediate calculations. Round your answers to two decimal places. _______ %

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