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Interest rates are equal to 6% for every maturity. A 3-year bond with face value $800 offers an annual coupon rate of 8%. A 2

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Interest rates are equal to 6% for every maturity. A 3-year bond with face value $800 offers an annual coupon rate of 8%. A 2 -year bond with an annal coupon $60 sells at par. What is the price of the 3-year coupon bond? a. $800 b. $725.4 C. $1053.5 d. $842.8 e. $885.5 f. $935.8 g. $789 h. $1010.7

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