Question: QUESTION 27 2.85715 points Save Answer Consider a bond with a par value of 1,000 paying a coupon rate of 5% per year semiannually when

QUESTION 27 2.85715 points Save Answer Consider a bond with a

QUESTION 27 2.85715 points Save Answer Consider a bond with a par value of 1,000 paying a coupon rate of 5% per year semiannually when the market interest rate is only 3% per half year. The bond has 4 years until maturity. What is the bond's price today? O A. $1,035.10 B. $1,031.15 $964.90 D. $969.43 O E. $1,000.00

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