Question: 25-year bond has a $1,000 face value, an 10% yield to maturity, and a 8% annual coupon rate, paid semi-annually. What is the market

25-year bond has a $1,000 face value, an 10% yield to maturity,

25-year bond has a $1,000 face value, an 10% yield to maturity, and a 8% annual coupon rate, paid semi-annually. What is the market value of the bond? $817.44 $1,000 $734.87 $1,235.33

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