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What is the price of a semi-annual bond with a YTM of 9%, a coupon rate of 7%, maturity of 5 years, and a face

What is the price of a semi-annual bond with a YTM of 9%, a coupon rate of 7%, maturity of 5 years, and a face value of $1,000. Round to nearest dollar.

True or false: The prices of shorter time to maturity bonds are more sensitive to changes in the YTM than the prices of longer-term bonds.

True or False: When investors expect a strong economy in the future, the yield curve has a positive slope.

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