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undefined 9. A $1,000 bond with a 5% annual coupon and yield to maturity (YTM) of 6% matures in 10 years. a) What is the

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9. A $1,000 bond with a 5% annual coupon and yield to maturity (YTM) of 6% matures in 10 years. a) What is the current price of the bond? [Price of a bond] b) What is the current yield of the bond? [Current yield of a bond] c) A similar bond pays the coupon semi-annually. What is its current market price? (Price of a semi-annual bond)

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