Question: . Consider an 8 year bond with a 9 % annual coupon rate with semiannual coupon payments that has a bond yield to maturity of

. Consider an 8 year bond with a 9% annual coupon rate with semiannual coupon payments that has a bond yield to maturity of 12%. What is the current time t=0 price of the bond? Assume the bond has a face (or par) value of $1,000. a. $ 848.41 b. $ 850.97 c. $ 858.65 d. $ 1,000.00 e. $ 1,166.04 f. $ 1,168.51 g. $ 1,175.91

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