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A semiannualpay coupon bond carries a par value of $3,000. Its quoted price equals $97.50 and it carries a 10% coupon rate. The current market

A semiannualpay coupon bond carries a par value of $3,000. Its quoted price equals $97.50 and it carries a 10% coupon rate. The current market value of the bond and the value of each coupon is closest to:

Market Value Coupon Payment
A. $2,925 $150
B. $975 $300
C. $2,925 $300

Group of answer choices

Row C

Row B

Row A

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