Question: LO3 Use the table to answer the question Bond Features Face Value = $1,000 Coupon Rate = 5.00% Maturity in Years = 4 Annual Coupon

LO3 Use the table to answer the question Bond Features Face Value = $1,000 Coupon Rate = 5.00% Maturity in Years = 4 Annual Coupon Market Interest Rate = 4.00%

What is the bond's price today?

Group of answer choices $1,036.30 $1,046.66 $1,015.57 $1,000.00

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