A

16-

year,

7.5%

coupon rate,

$1,000

face value bond is paying semi-annual coupons. What is it worth if its yield to maturity is

8.0%

?\ a.

$955.3

\ b.

$934.5

\ c.

$911.0

\ d.

$891.7

\ e.

$979.9

A 16 year, 7.5% coupon rate, $1,000 face value bond is paying semi-annual coupons. What is it worth if its yield to maturity is 8.0%? a. $955.3 b. $934.5 c. $911.0 d. $891.7 e. $979.9 A 16 year, 7.5% coupon rate, $1,000 face value bond is paying semi-annual coupons. What is it worth if its yield to maturity is 8.0%? a. $955.3 b. $934.5 c. $911.0 d. $891.7 e. $979.9