A 10-year Treasury bond with par value of

$1,000

has a

6%

coupon rate and pays interest every six months. The bond is three years old and has just made its sixth payment. The market now only requires a

5%

return on the bond. What is the expected price of the bond?\

$802.03

\

$1,058.45

\

$1,350.73

\

$953.75

\

$1,077.95

A 10-year Treasury bond with par value of $1,000 has a 6% coupon rate and pays interest every six months. The bond is three years old and has just made its sixth payment. The market now only requires a 5% return on the bond. What is the expected price of the bond? $802.03 $1,058.45 $1,350.73 $953.75 $1,077.95 A 10-year Treasury bond with par value of $1,000 has a 6% coupon rate and pays interest every six months. The bond is three years old and has just made its sixth payment. The market now only requires a 5% return on the bond. What is the expected price of the bond? $802.03 $1,058.45 $1,350.73 $953.75 $1,077.95