nabled: Exam $2$

i

UBalt, Corp. issued a bond with par value of $$1,000,8$ years left to maturity and its coupons are paid annually. The market price of the bond is $$1,200$ a to maturity is expected to be $6\%.$ What is the coupon payment for this bond?

Multiple Choice

$$ $$76\mathrm{.}58$

$$ $$85\mathrm{.}35$

$$ $$89\mathrm{.}06$

$$ $$9221$