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eBook Problem Walk-Through A 7% semiannual coupon bond matures in 6 years. The bond has a face value of $1,000 and a current yield of

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eBook Problem Walk-Through A 7% semiannual coupon bond matures in 6 years. The bond has a face value of $1,000 and a current yield of 7.6878% What is the bond's price? Do not round intermediate calculations. Round your answer to the nearest cent. What is the bond's YTM? (Hint: Refer to Footnote 6 for the definition of the current yield and to Table 7.1) Do not round intermediate calculations. Round your answers to two decimal places. % Grade it Now Save & Continue Continue without saving o c B 01 402 9:19 PM 10/25/200

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