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An XYZ April 2041 bond with a 5. 5 percent coupon interest rate and a par value of $1, 000 recently had a price of

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An XYZ April 2041 bond with a 5. 5 percent coupon interest rate and a par value of $1, 000 recently had a price of 95. 625. Calculate the following a. When will the bond mature? b. How much would you have to pay to purchase this bond? c. If you owned the bond, how much would someone have to pay to buy it from you? d. What is the current yield, assuming a closing price of 95. 50

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