Question: A 6-year maturity bond with a $1,000 face value makes semi-annual coupon payments and has a coupon rate of 12 percent. What is the bond's

 A 6-year maturity bond with a $1,000 face value makes semi-annual

coupon payments and has a coupon rate of 12 percent. What is

the bond's price if the bond's yield to maturity is 9 percent?

O $874 $1,077 1.138 $1,137 O $1143 O $1,408

image text in transcribed

A 6-year maturity bond with a $1,000 face value makes semi-annual coupon payments and has a coupon rate of 12 percent. What is the bond's price if the bond's yield to maturity is 9 percent? O $874 $1,077 1.138 $1,137 O $1143 O $1,408

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