Question: 6 ) On March 3 1 , 2 0 2 0 , Mr . David an investor and one of Spahr cosmetics bondholders wanted to

6) On March 31,2020, Mr. David an investor and one of Spahr cosmetics bondholders wanted to sell the bonds that he acquired back in 2015. What would be the current market price for the bond assuming the following term structure of similar-risk bonds?
time to maturity
10 years
15 years
20 years
YTM
4%
6%
8%
a) $ 901.99
b) $ 943.20
c) $ 518.23
d) $ 940.31

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