Bond prices and yields Assume that the Financial Management Corporation's $1,000-par-value bond has a 5.100% coupon, matures on May 15, 2027, has a current price quote of 96.397 and a yield to maturity (YTM) of 6.556%. Given 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 differ. a. The dollar price of the bond is $ (Round to the nearest cent.) b. The bond's current yield is%. (Round to two decimal places.) because its price is the par value. (Select from the drop-down menus.) c. The bond is selling at d. Compare the bond's current yield calculated in part b to its YTM and explain why they differ. between today and the May 15, 2027 bond maturity. than the curent yield because the former includes $36.03 in price The yield to maturity is (Select from the drop-down menus.)