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2. Assume that the Financial Management Corporation's 1,000 par-value bond has a 6% coupon rate, with interest paid annually, matures in 5 years, has a

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2. Assume that the Financial Management Corporation's 1,000 par-value bond has a 6% coupon rate, with interest paid annually, matures in 5 years, has a current price quote of 97.685. Given this information, answer the following questions. 1) What is the dollar price of the bond? (2 Points) 2) Is the bond selling at par, at a discount, or at a premium? (2 Points) 3) What is the current yield? (3 Points) Please drop a timeline to demonstrate the cash flows (both the interest payments & principal) of this bond. (3 Points) 4)

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