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Kelin Saling Hospitality Corp. has 6.17% annual coupon paying bond that matures in fifteen years. What is the value of a $1,000 par value Stens

Kelin Saling Hospitality Corp. has 6.17% annual coupon paying bond that matures in fifteen years. What is the value of a $1,000 par value Stens Kenlin Hospitality Corporation bond if the required rate of return is 10.00%?

A. $708.70

B. $741.30

C. $690.55

D. $810.25

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