Bond prices and yields Assume that the Financial Management Corporation's \$1,000-par-value bond has a 5.500% coupon, matures on May 15, 2027, has a current price quote of 96.897 and a yield to maturity (YTM) of 6.978%. 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 S (Round to the nearest cent) b. The bond's current yield is \%. (Round to two decimal places) c. The bond is selling at because its price is the par value. (Select from the drop-down menus.) d. Compare the bond's current yield calculated in part b to its YTM and explain why they differ The yield to maturity is than the current yield because the former includes $31.03 in price between today and the May 15, 2027 bond maturity. (Select from the drop-down menus.)