Question: A $1,000 face value bond currently has a yield to maturity of 6.69 percent. The bond matures in three years and pays interest annually. The

A $1,000 face value bond currently has a yield to maturity

A $1,000 face value bond currently has a yield to maturity of 6.69 percent. The bond matures in three years and pays interest annually. The coupon rate is 7 percent. What is the current price of this bond? $949.60 $1,008.18 $948.01 O $1,010.13 O $1,005.26

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