3 Calculate the current market price on the following bond - assume that the return required by bond holders is 7.8%: Bond A: Face Value = $1,000, Coupon rate paid annually = 8%, Maturity = 15 years $982.88 $1,000.00 O $1,017.33 O $1,093.77 1

Calculate the current market price on the following bond-assume that the return required by bond holders is 7.8% : Bond A : Face Value =$1,000, Coupon rate paid annually =8%, Maturity = 15 years $982.88$1,000.00$1,017.33$1,093.77