Bond prices and yieldsAssume 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 97 981 and a yield to maturity (YTM) of 6 413 Given this information, answer the following questions a What is 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 ) 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 between today and the May 15, 2023 bond The yield to maturity is than the current yield because the former includes $20 19 in price maturity (Select from the drop down menus )

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Bond prices and yieldsAssume 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

Bond prices and yieldsAssume 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 97.981 and a yield to maturity (YTM) of 6.413% . Given this information, answer the following questions:

a.What is 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.

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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.) 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. between today and the May 15, 2023 bond The yield to maturity is than the current yield because the former includes $20.19 in price maturity. (Select from the drop-down menus.)