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Inc. hasa 10.0% coupon, with semiannual payments. YTM is11.00%. Maturity is9 yrs. What's the price? Hint: remember for semi-annual, divide both the coupon rate and

Inc. hasa 10.0% coupon, with semiannual payments. YTM is11.00%. Maturity is9 yrs. What's the price? Hint: remember for semi-annual, divide both the coupon rate and YTM by 2, and multiply the number of periods by 2. This is exactly like the semi-annual bond problems in the book, video and practice.

Multiple choice:

A. $1,381.47

B. $1,076.69

C. $1,506.07

D. $943.77

E. $1,562.30

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