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A bond issued by GE has a coupon rate of 4 . 1 2 5 % with semiannual payments, a par value of $ 1

A bond issued by GE has a coupon rate of 4.125% with semiannual payments, a par value of $1,000, and remaining maturity of exactly 29 years. The bond is currently trading at a price in the market that reflects a yield to maturity for the bond of 4.59%.
a. What must be the current price of the bond?
b. What is the bond's current yield?
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