Consider a $16$ year bond that pays $2\mathrm{.}5\%$ semi$-$annual coupons. What should the bond sell for if the par value is $$100$ and the current yield to maturity is $2\mathrm{.}5\%?$

Consider a $16$ year bond that pays $2\mathrm{.}5\%$ semi$-$annual coupons. What should the bond sell for if the par value is $$100$ and the current yield to maturity is $2\mathrm{.}5\%?$

$$98\mathrm{.}48$

$$100\mathrm{.}00$

$$99\mathrm{.}97$

$$101\mathrm{.}20$