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Imagine an 18-year zero coupon bond (ZCB) selling for $390.00 (with the face value of $1,000). Also, imagine that there is a 15-year semi-annual coupon

Imagine an 18-year zero coupon bond (ZCB) selling for $390.00 (with the face value of \$1,000). Also, imagine that there is a 15-year semi-annual coupon bond with the face value of $1,000 and the coupon rate of 3.8%. If these two bonds have the same YTM, what is the price of the 15 -year annual coupon bond today? $871.25 $1,031.45 $839.64 $912.56 $866.70

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