A) 760

B) 770

C) 790

D)800

E)820

A bond with a par value of 1000 and 6% semiannual coupons is redeemable for 1100 . You are given: i. the bond is purchased at P to yield 8%, convertible semiannually and ii. the amount of principal adjustment for the 16th semiannual period is 5 . Calculate P