Question: A fixed coupon bond which has 20 years left until maturity has a coupon rate of 6.0% paid semi-annually. If the yield of this bond

A fixed coupon bond which has 20 years left until maturity has a coupon rate of 6.0% paid semi-annually. If the yield of this bond is 6.2%, the bonds price is $_________. Par value is $1,000.

A.
966.15

B.
970.25

C.
962.15

D.
977.25

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	A.	966.15
	B.	970.25
	C.	962.15
	D.	977.25