A stripped bond is created by an Investment Dealer who $$strips$$ the coupons from the Corpus $($or Face or Body$)$ to create a new security with just one cash flow at some future date. What would you expect to pay for a $$50,000$ stripped bond with a maturity $25$ years from today, given a YTM of $8\%?$

Select one:

a$.$

$$14,662$

b$.$

$$12,924$

c$.$

$$9,212$

d$.$

$$8,776$

e$.$

$$7,301$