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Given the following data for a bond issuance Principal $10,000 Coupon (stated) Rate 6% 8%, PV of $1 735 3.31213 8%, PV of Annuity Market
Given the following data for a bond issuance Principal $10,000 Coupon (stated) Rate 6% 8%, PV of $1 735 3.31213 8%, PV of Annuity Market Rate 8% Term 4 years 6%, PV of $1 792 6%, PV of Annuity Interest paid annually 3.456 The sale price of the bond is approximately Select one O a. $9,337 O b. $9,886 c. $10,685 O d. $9,366 e. $10,662
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