Question: 20 pts Question 2 Use the bond term's below to answer the question Maturity 7 years Coupon Rate 4% Face value $1,000 Annual Coupons YTM

 20 pts Question 2 Use the bond term's below to answer

20 pts Question 2 Use the bond term's below to answer the question Maturity 7 years Coupon Rate 4% Face value $1,000 Annual Coupons YTM 39% (interest rate) Assuming the YTM remains constant throughout the bond's life, what is the bond's price in year 4? $1083.55 O $1,062.30 $1,028.29 O $1,008.12

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