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2. Maroon Two Inc. has just issued 10,000 coupon bonds with face value of $1,000, coupon rate of 9%, semi-annual coupon payment, and maturity of

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2. Maroon Two Inc. has just issued 10,000 coupon bonds with face value of $1,000, coupon rate of 9%, semi-annual coupon payment, and maturity of 10 years. What is price on each coupon bond if the current yield on similar bonds in the market is 8.5%? (5 Points) $1,047.32 $1,033.24 $1,032.81 $1,000.00 $621.47

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