Question: Paycom issued a coupon bond 2 . 0 0 years ago. U . S . Bank issued a coupon bond 2 . 5 0 years

Paycom issued a coupon bond 2.00 years ago. U.S. Bank issued a coupon bond 2.50 years ago. Both bonds pay
coupons annually and mature in12 years.
The Paycom bond has a coupon rate of6.00% and a yield to maturity of2.60%. The U.S. Bank bond has a coupon rate of
2.60% and a yield to maturity of6.00%.
What is the price of the bond issued by Paycom?
$974.00
$714.95
$1346.66
$1394.75
$1026.00
 Paycom issued a coupon bond 2.00 years ago. U.S. Bank issued

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