$828.81 $1,000 $1,194.24 $1,240.83

ABC, Inc. offers a 6 percent bond with a yield to maturity of 8 percent. The bond pays interest annually and matures in 15 years. What is the market price of one of these bonds if the face value is $1,000? o $828.81 O $1,000 O $1,19424 O $1,24083