Question: A corporate bond has 10 years until maturity, a face value of $1,000, and a coupon rate of 10% (semi annual payments). The yield to

A corporate bond has 10 years until maturity, a face value of $1,000, and a coupon rate of 10% (semi annual payments). The yield to maturity on this bond is 10%. What is the price of this bond?

Group of answer choices

$1,135

$1,000

$1,206

$987

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