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Consider a three-year bond with face value F=1000 and a coupon rate c=12% paid semi-annually. Suppose you bought the bond from this investor at the

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Consider a three-year bond with face value F=1000 and a coupon rate c=12% paid semi-annually. Suppose you bought the bond from this investor at the end of year 2. How much would you pay for this bond if the market interest rate is 5%? Keep your answer to four decimal places, i.e., write 3.579% as 0.0036. A- B I ! 5 C US X, X ili! lili Til MI

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