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Gambobo, Inc., has a bond outstanding with a coupon rate of 5.8 percent and semiannual payments. The yield to maturity is 5.5 percent and the

Gambobo, Inc., has a bond outstanding with a coupon rate of 5.8 percent and semiannual payments. The yield to maturity is 5.5 percent and the bond matures in 8 years. What is the market price if the bond has a par value of $4000?

3011.54

3286.95

5253.49

4076.83

5273.95

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