Question: which one is correct and explain why ABC Ltd. is issuing 7-year bonds with a coupon rate of 6.5% and semi-annual coupon payments. The current

which one is correct and explain why ABC Ltd. is issuing

which one is correct and explain why

7-year bonds with a coupon rate of 6.5% and semi-annual coupon payments.

ABC Ltd. is issuing 7-year bonds with a coupon rate of 6.5% and semi-annual coupon payments. The current market rate for similar bonds is 8%. What is the price of ABC Ltd. bond? Round your answer to two decimal places. 0 A $920.78 0 3- $923.66 0 C $919.50 0 D$1,012.31 O 5- $897.23

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