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A 10-year bond pays annual interest of 8% on a face value of $1,000 (Coupon rate of 8%). Assume one coupon payment per year. If

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A 10-year bond pays annual interest of 8% on a face value of $1,000 (Coupon rate of 8%). Assume one coupon payment per year. If similar bonds are currently yielding 9.413%, what is the market value of the bond? Select one: O A. $877.11 OB. $910.94 O a $1,100.78 OD. None of these are correct

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