Question: Question 8 1 pts CH Robinson Worldwide Inc issues a 4 percent coupon bond with 20 years maturity, $1,000 face (par) value, and semi-annual payments.

Question 8 1 pts CH Robinson Worldwide Inc issues a 4 percent coupon bond with 20 years maturity, $1,000 face (par) value, and semi-annual payments. If the yield to maturity of this bond is 15 percent, find the bond's price. O $352.98 $307.31 none of the answers is correct $668.94 $388.28

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