An outstanding bond has a carrying value of $787,700, and a face value of $843,000 on January 1 of Year 3. The bond pays a semi-annual coupon every January 1 and July 1 using an annual coupon rate of 6.30%. The yield to maturity (or the market yield) of the bond was 7.67% at the time of issue. (Assume semi-annual compounding for the annual interest rates.) What will be the carrying value of the bond on July 1 of Year 3 immediately after paying the coupon?

Question 2 options:

	$751,786
	$771,570
	$791,354
	$811,138
	$830,921