Question: Par value $100.00 Coupon rate 4% Frequency 2 per year Yield-to-maturity 6% Term to maturity 3 years Whats the price of the bond? A. $97.62

Par value

$100.00

Coupon rate

4%

Frequency

2 per year

Yield-to-maturity

6%

Term to maturity

3 years

Whats the price of the bond?

A. $97.62

B. $106.81

C. $102.74

D. $94.58

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