Question: A $ 1 0 0 0 face value bond is redeemable at par in 1 0 years. It pays a semi - annual coupon at

A $1000 face value bond is redeemable at par in 10 years. It pays a semi-annual coupon at 6% compounded semi-annually. It is purchased at a yield to maturity of 4% compounded semi-annually. What is the the purchase price of the bond?
987.23
1000.00
1163.51
672.97
A $1000 face value bond is redeemable at par in 10

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