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An investor is considering purchasing a new issue of 5-year bonds of $1,000 par value and an annual fixed coupon rate of 12%, while coupon

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An investor is considering purchasing a new issue of 5-year bonds of $1,000 par value and an annual fixed coupon rate of 12%, while coupon payments are made semiannually. The minimum semiannual yield that the investor would accept is 6.75%. find the fair value of a bond? O a. 1464.25 Ob. 946.65 O c.910.45 O d. 876,75

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