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An 8% semiannual coupon bond matures in 5 years. The bond has a face value of $1,000 and a current yield of 8.3229%. a. What
An 8% semiannual coupon bond matures in 5 years. The bond has a face value of $1,000 and a current yield of 8.3229%.
a. What is the bond's price? Do not round intermediate calculations.
b. What is the bond's YTM?
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