Question: Ameritech has just issued a $ 1,000 par value bond that will mature in 10 years . This bond pays interest of $ 45 every

Ameritech has just issued a $ 1,000 par value bond that will mature in 10 years . This bond pays interest of $ 45 every six months . If the annual yield to maturity of this bond is 8 % , what is the price of the Ameritech bond if the market is in equilibrium ? O a . $ 991.50 O b . $ 1,067.96 O c . $ 1,112.82 O d . none of the above

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