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A 6% semiannual coupon bond matures in 6 years. The bond has a face value of $1,000 and a current yield of 6.8838%. What is

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A 6% semiannual coupon bond matures in 6 years. The bond has a face value of $1,000 and a current yield of 6.8838%. What is the bond's price? Do not round intermediate calculations. Round your answer to the nearest cent. 5 What is the bond's VTM? (Hint: Refer to Footnote 6 for the definition of the current yield and to Table 7.1) Do not round intermediate calculations. Round your answers to two decimal places. %

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