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ANX Ltd just issued a 1 2 - year 6 % coupon bond. The face value of the bond is $ 1 , 0 0

ANX Ltd just issued a 12-year 6% coupon bond. The face value of the bond is $1,000 and the bond makes semi-annual coupon payments. If the required return on the bond is 9%, what is the bonds price?
Question 3Select one:
A.
$347.70
B.
$782.57
C.
None of these.
D.
$355.53
E.
$785.18

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