Question: 41. A bond with a $5,000 face value and 20 years to maturity has a coupon rate of 5% per year (paid semi-annually). If its

41. A bond with a $5,000 face value and 20 years

41. A bond with a $5,000 face value and 20 years to maturity has a coupon rate of 5% per year (paid semi-annually). If its yield to maturity is 3.6% per year compounded semi- annually, what is its value today? A) $5,991.90 B) $6.001.42 C) $5,997.18 D) $5,985.93 E) $5,979.79

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