Question: A $1,000 face value bond has a yield to maturity of 12.22%. The bond has a coupon rate of 13% and pays semiannual coupons. The

A $1,000 face value bond has a yield to maturity of 12.22%. The bond has a coupon rate of 13% and pays semiannual coupons. The bond matures in 7 years. What is the price of the bond? $1,040.75 O $1,030.72 $1,036.00 O $1,031.29 $1,035.35

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