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Intelligent Systems, Inc. has 5% coupon bonds outstanding. If the face value is $1,000, maturity date is 8 years, and the yield-to-maturity is 4.5%, the

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Intelligent Systems, Inc. has 5% coupon bonds outstanding. If the face value is $1,000, maturity date is 8 years, and the yield-to-maturity is 4.5%, the price of each bond is 0 $1,029.22 O $989.83 O $1,000 967.68 O $1,032.98

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