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A bond has $1,000 face value, 25 years to maturity, and 5.8% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is

A bond has $1,000 face value, 25 years to maturity, and 5.8% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is 5.2%. What is this bonds market price? Assume the interest rate compounds seimannually.

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$1,055.26

$1,053.29

$1,142.25

$1,083.41

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