Question: A bond with four years until maturity has an 8 % coupon rate and pays interest annually. If the required YTM is 7 % ,

A bond with four years until maturity has an 8% coupon rate and pays interest annually. If the required YTM is 7%,
the price of the bond per 100 of par value is closest to:
A
96.68
B
100.00
C
103.39
 A bond with four years until maturity has an 8% coupon

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