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A corporate bond with an original maturity of ten years and a face value of $ 1 , 0 0 0 , 0 0 0

A corporate bond with an original maturity of ten years and a face value of $1,000,000. It has a coupon rate of 4.75%, semi -annual payments, and seven years to maturity. Current yields on bonds of similar risk are 4.25%. Value this bond
Question 37 options:
1,025,211.34
1,027,316.15
1,029,327.25
1,030,001.05

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