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11. You buy a 12 - year bond today for $950.32. The bond has coupon rate of 5.82 percent and pays coupons semiannually. The face
11.
You buy a 12 - year bond today for $950.32. The bond has coupon rate of 5.82 percent and pays coupons semiannually. The face value of the bond is $1,000. Assuming market interest rates don't change during your investment period, how much can you sell the bond for seven years from today?
Group of answer choices
$986.34
$974.68
$981.45
$966.59
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