Question: 10 points QUESTION 1 Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10

 10 points QUESTION 1 Based on your risk assessment, your required

10 points QUESTION 1 Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10 years left to maturity; it is a $1,000 par value bond paying 8 percent interest semiannually. The market price of the bond is $850. Find the value of the bond. O A. $880 O B. $892 O C.$935 D. $1000 O E $1,180 37

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