Question: An investor purchases a bond ($1000 par value) that has an annual coupon rate of 4.8% and 10 years until maturity. The yield to maturity

An investor purchases a bond ($1000 par value) that has an

An investor purchases a bond ($1000 par value) that has an annual coupon rate of 4.8% and 10 years until maturity. The yield to maturity on the bond is 5%. How much did the investor pay? O $1,000.00 O $984.56 O $480.00 O $989.40

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