es ome Bond prices and yields Assume that the Financial Management Corporation's $1,000-par-value bond has a 7.700% coupon, matures on May 15, 2027, has a current price quote of 105.794 and a yield to maturity (YTM) of 7.196%. 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.) ents in b. The bond's current yield is %. (Round to two decimal places.) e Text c. The bond is selling at because its price is the par value. (Select from the drop-down menus.) dia Libra 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. I Calculat The yield to maturity is V than the current yield because the former includes $57.94 in price (Select from the drop-down menus.) Resource Enter your answer in each of the answer boxes. c Study anication Tools > ance Brief Re