Question: Question 3 1 pts Use the bond term's below to answer the question Maturity 7 years Coupon Rate 3% Face value $1,000 Annual Coupons YTM

Question 3 1 pts Use the bond term's below to answer

Question 3 1 pts Use the bond term's below to answer the question Maturity 7 years Coupon Rate 3% Face value $1,000 Annual Coupons YTM 4% Assuming the YTM remains constant throughout the bond's life, what is the bond's price in year 3 ? $939.98 O $963.70 $958.78 $944.80

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