The value of a bond is dependent, primarily, on two factors. Name and explain those two factors.,,What is the price of a $1,000 par value bond with a 6% coupon rate paid semiannually, if the bond is priced to yield 5% YTM, and it has 9 years to maturity?,, * What would be the price of the bond if the yield rose to 7%?,, * What is the current yield on the bond if the YTM is 7%?(show work please)
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