Question: Question 5 5 points Save Answer Bond A and bond both pay annual coupons, mature in 9 years, have a face value of $1000, pay

 Question 5 5 points Save Answer Bond A and bond both

Question 5 5 points Save Answer Bond A and bond both pay annual coupons, mature in 9 years, have a face value of $1000, pay their next coupon in 12 months, and have the same yield to maturity. Bond A has a coupon rate of 6.5 percent and is priced at $1,055.13. Bond B has a coupon rate of 74 percent. What is the price of bond B? a. $1,124.60 (plus or minus $4) b.$1,002 31 (plus or minus $4) c. $1,062.30 (plus or minus $4) d. 51,000.00 (plus or minus $4) e. None of the above is within $4 of the correct answer the Ance Question 5 of 6

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