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An 18-year, 5.6% coupon rate, $1,000 face value bond is paying semi-annual coupons. What is it worth if its yield to maturity is 3.2%? a.

An 18-year, 5.6% coupon rate, $1,000 face value bond is paying semi-annual coupons. What is it worth if its yield to maturity is 3.2%?
a. $1,295.1
b. $1,099.9
c. $1,326.5
d. $1.351.3
e. $1.400.9

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