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Chapter 6 : Price of a bond ( PV ) Calculate the price of a 5 - year bond, with a 1 3 % coupon,

Chapter 6: Price of a bond (PV)
Calculate the price of a 5-year bond, with a 13% coupon, a 11.25% YTM, that pays a semiannual coupon with a par value of $1000.
Use the below table if you wish to copy the data into Excel.
Years 5
Hypothetical Start Date 12/31/2000
Hypothetical End Date 12/31/2005
Par Value $1000
Coupon Rate 13%
Yield to Maturity 11.25%
# payments per year 2
Group of answer choices
$944.07
$1,019.44
$1,055.86
$1,093.12
$937.10
$1,065.56

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