FINANCE: Wine and Roses, Inc. offers a bond with a coupon rate of 8% and a yield to maturity of 10 percent. The coupon is paid semi-annually to the investors and the bonds mature in 5 years. What is the market price of the bond?

Wine and Roses, Inc. offers a bond with a coupon rate of 8% and a yield to maturity of 10 percent. The coupon is paid semi- annually to the investors and the bonds mature in 5 years. What is the market price of the bond? A. $769.22 $922.78 B. C. $807.89 D. $893.27