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

$6\mathrm{.}36\mathrm{.}3\%$

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

$8\mathrm{.}68\mathrm{.}6\%.$

What is the new price of the$$ bond?

Question content area bottom

Part $1$

A$.$$ $1$ comma $216\mathrm{.}48$

$ $1$ comma $216\mathrm{.}48$$$1,216\mathrm{.}48$

B$.$$ $868\mathrm{.}92$

$ $868\mathrm{.}92$$$868\mathrm{.}92$

C$.$$ $1$ comma $042\mathrm{.}7$

$ $1$ comma $042\mathrm{.}7$$$1,042\mathrm{.}7$

D$.$

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