Question: A $ 1 , 0 0 0 face value bond currently has a yield to maturity of 1 2 . 6 2 percent. The bond

A $1,000 face value bond currently has a yield to maturity of 12.62 percent. The bond matures in 16 years and pays interest annually. The coupon rate is 10 percent. What is the current price of this bond?
$806.54
$823.40
$1,098.42
$1,067.76
 A $1,000 face value bond currently has a yield to maturity

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