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23. The following is a list of prices for zero coupon bonds with different maturities and par value of $1,000 Maturity (Years) Price 1 $943.40

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23. The following is a list of prices for zero coupon bonds with different maturities and par value of $1,000 Maturity (Years) Price 1 $943.40 2 $881.68 3 $808.88 4 $742.09 What is the price of a 4-year maturity bond with a 12% coupon rate paid annually? (Par value = $1,000) A. $742.09 B. $1,222.09 C. $1,000.00 D. $1,141.84 E. none of these

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