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Jennfer Jeweller junt issued ten year bonds that make annual coupon payments of $50. Suppose you purchased one of these bonds at par value ($1,000)

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Jennfer Jeweller junt issued ten year bonds that make annual coupon payments of $50. Suppose you purchased one of these bonds at par value ($1,000) when it was issued. Right alter your purchase, morket interest fates jurmped, and the YTM (interest rate) on your bond rose to six percent. What is the new proe of rou bond? a $500 b. $1000 c. 5926 d 5600

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