Question: Question 7 (1 point) A bond has a 5.0% coupon, which is paid semi-annually with a par value of $1000. The yield to maturity on

Question 7 (1 point) A bond has a 5.0% coupon, which is paid semi-annually with a par value of $1000. The yield to maturity on the bond is 4.0% and it matures in exactly 24 years. What should an investor be willing to pay for the bond today? 1) $682.07 2) $879.06 3) $1,062.59 4) $1,153.37

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