Question: Question 4 4 pts A $1,000 face value bond currently has a yield to maturity of 7 percent. The bond matures in 4 years and

 Question 4 4 pts A $1,000 face value bond currently has

Question 4 4 pts A $1,000 face value bond currently has a yield to maturity of 7 percent. The bond matures in 4 years and pays interest annually. The coupon rate is 8 percent. What is the current price of this bond? $782 $1,034 $967

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