Question: How much would you pay for a bond with a face value of $ 1 , 0 0 0 and a coupon rate of 1

How much would you pay for a bond with a face value of $1,000 and a coupon rate of 13% if the current market rate with a similar risk is 8.5%?
A.1,114.93
B.1206.97
C.937.86
D.1087.34
How much would you pay for a bond with a face

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