How many years (rounded to two decimals) will it take for $20,000 to double at 5%, semi-annually. 14.04 12.02 7.27 28.07 14.21 A bond has a face value of $1,000 and a 5 percent semi-annual coupon. It matures in 16 years. If the YTM is 4%, what is the current price of this bond? $825.22 $1,117,34 $1,116.52 $1,704.05 $731.89