A company issues a$$ ten$-$year $$1,000$ face value bond at par with a coupon rate of

$6\mathrm{.}76\mathrm{.}7\%$

paid semiannually. The YTM at the beginning of the third year of the bond$(8$ years left to$$ maturity$)$ is

$7\mathrm{.}87\mathrm{.}8\%.$

What is the new price of the$$ bond?

Question content area bottom

Part $1$

A$.$$ $1$ comma $122\mathrm{.}52$

$ $1$ comma $122\mathrm{.}52$$$1,122\mathrm{.}52$

B$.$

$$$$1,000\mathrm{.}00$

C$.$$ $935\mathrm{.}44$

$ $935\mathrm{.}44$$$935\mathrm{.}44$

D$.$$ $1$ comma $309\mathrm{.}61$

$ $1$ comma $309\mathrm{.}61$