You bought a newly issued $1,000 par, 10-year, 6.60% coupon bond (with semiannual coupon payments) on May 1, 2017. You decided to check the value and yields on the bond annually, so that you can keep track of your wealth. Your first check was to be done on May 1, 2018. On April 15, 2018, the yield to maturity for the bond changed to 6.90%. For your two year anniversary of owning the bond (May 1, 2019), calculate the value of the bond. Assume no changes in market conditions or interest rates during the second year. Report the price to the nearest penny.

calculate the current yield for the second year

calculate the capital gains yield for the second year