Question: Consider a 24-year, 7.5% coupon rate, $1,000 face value bond that pays annual coupons. If the bond's yield to maturity is 5.7%, what percentage of

Consider a 24-year, 7.5% coupon rate, $1,000 face value bond that pays annual coupons. If the bond's yield to maturity is 5.7%, what percentage of its value is from the present value of its coupon payments?

		a. 78.5%
		b. 57.3%
		c. 52.4%
		d. 66.4%
		e. 50.7%
		f. 75.6%
		g. 32.4%
		h. 35.5%

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