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Consider three N - year bonds. The bonds all have the same par value and are all redeemable at par. Each of the bonds pays

Consider three N-year bonds. The bonds all have the same par value and are all redeemable at par.
Each of the bonds pays semiannual coupons and is priced using the same yield rate.
-- Bond A pays coupons of 46 and has a price of 1200.
-- Bond B pays coupons of 35 and has a price of 1000.
-- Bond C pays coupons of 59.
Determine the price of Bond C.
1531
1436
1389
1484
1342
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