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J&J Manufacturing just issued a bond with a OMR1,000 face value and a coupon rate of 8%. If the bond has a life of 20

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J&J Manufacturing just issued a bond with a OMR1,000 face value and a coupon rate of 8%. If the bond has a life of 20 years, pays annual coupons, and the yield to maturity is 7.5%, what will the bond sell for? Select one: O a. OMR1,020 O b. OMR1,051 O COMR1,162 O d. OMR1,087 e. OMR975

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