Guggenheim offers a bond with annual payments and a coupon rate of 5 percent. The yield to maturity is 5.62 percent and the maturity date is 9 years away. What is the market price of a $1,000 face value bond?
Select one:
A.
$957.12
B.
$868.67
C.
$942.66
D.
$1,009.59
E.
$869.67
Answers
Answered by
0
Answer:
E $869.67 because percent is all this answers I hope you help this
Similar questions