Question: A 9% semiannual coupon bond matures in 5 years. The bond has a face value of exist1,000 and a current yield of 9.0643%.
1. What is the bond's price? Do not round intermediate calculations. Round your answer to the nearest cent. $_____
2. What is the bond's YTM? Do not round intermediate calculations. Round your answers to two decimal places. _______ %