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Bond prices and yields. Assume that the Financial Management Corporation's $1,000-par-value bond has a 7.100% coupon, matures on May 15,2027, has a carrent price qucte

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Bond prices and yields. Assume that the Financial Management Corporation's $1,000-par-value bond has a 7.100% coupon, matures on May 15,2027, has a carrent price qucte of 94.727 and a yeld to maturity ( (TMM) of 8.005\%. Olven this information, answer the following questions: a. What was the dollar price of the bond? b. What is the bond's current yield? c. Is the bond selling at par, at a discount, or at a premium? Why? d. Compare the bond's current yield calculated in part b to its YTM and explain why they diffor. a. The doltar price of the bond is \& (Round so the nearost cent.)

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