Question: A $1,000 face value bond currently has a yield to maturity of 5.55 percent. The bond matures in four years and pays interest annually. The

A $1,000 face value bond currently has a yield to maturity of 5.55 percent. The bond matures in four years and pays interest annually. The coupon rate is 6 percent. What is the current price of this bond?

Group of answer choices

$1,003.98

$1,015.76

$998.96

$987.23

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