Assume that the Financial Management Corporation's $1000 par value bond has a 5.300% coupon, matures on May 15, 2023, has a current price quote of 95.639

and a yield to maturity (YTM) of 5.966% . Given this information, answer the following questions

a)What is the dollar price of the bond? Round to the nearest cent

b) What is the bond's current yield? round to two decimals

c) Is the bond selling at par, at a discount, or at a premium? Why? The bond is selling at (1) ________ because its price is (2) ________ the par value

d) Compare the bond's current yield calculated in part b to its YTM and explain why they differ

The yield to maturity is (3) ______ than the current yield because the former includes $ 43.61 in price (4) _________ between today and the May 15, 2023 bond maturity

Choose from answers below to fill in the blanks

1) a premium, a discount or par

2) less than, greater than or equal to

3) higher or lower

4) appreciation or depreciation

Comment--It does not give any other info than this