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(Estimated time allowance: 10 minutes) Big-Small Corp. will start selling 30-year, 8% coupon rate, bonds today with a yield to maturity (YTM) of 6%. The

(Estimated time allowance: 10 minutes) Big-Small Corp. will start selling 30-year, 8% coupon rate, bonds today with a yield to maturity (YTM) of 6%. The bonds have semiannual coupon payments and a par value of $1,000. a What is the price of the bond today? 1,137.65 1,148.80 1,231.19 773.81 1,276.72 802.08 none of the above 864.11

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