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Bond’s Price and YTM Assignment | Homework For You

A 9% semiannual coupon bond matures in 6 years. The bond has a face value of $1,000 and a current yield of 8.9427%. What are the bond’s price and YTM?Homework For You (Hint: Refer to Footnote 6 for the definition of the current yield and to Table 7.1) Do not round intermediate calculations. Round your answer for the bond’s price to the nearest cent and for YTM to two decimal places. Bond’s price: $ 1006.41 % YTM: YTM: 17.82 17.82. Get Finance homework help today

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