Question: Question 5 4 pts A $1,000 face value bond currently has a yield to maturity of 7 percent. The bond matures in 3 years and

 Question 5 4 pts A $1,000 face value bond currently has

Question 5 4 pts A $1,000 face value bond currently has a yield to maturity of 7 percent. The bond matures in 3 years and pays interest semi-annually. The coupon rate is 4 percent. What is the current price of this bond? $920 $921 $923

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