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OOOO Bond A pays annual coupons, pays its next coupon in year, matures in 23 years, and has a face value of 51000. Bond pays

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OOOO Bond A pays annual coupons, pays its next coupon in year, matures in 23 years, and has a face value of 51000. Bond pays semi-annual coupons, pays its next coupon in 6 months, matures in 3 years, and has a face value of 51000. The two bonds have the same yield-to-maturity. Bond A has a coupon rate of 7.70 percent and is priced at 5736.19. Bond Bhas a coupon rate of 8.40 percent What is the price of bond B? a. $939.74 (plus or minus $0.50) b. 5934.81 (plus or minus 50.50) C.5938.42 (plus or minus 50.50) d. 5469.87 (plus or minus 50.50) e. None of the other alternatives is within 50.50 of the correct

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