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PLEASE ANSWER ASAP FOR POSITIVE RATING!!!!! URGENTLY NEEDED A 100, 000 bond has a coupon rate of 5%, interest is paid annually, and the bond

PLEASE ANSWER ASAP FOR POSITIVE RATING!!!!! URGENTLY NEEDED

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A 100, 000 bond has a coupon rate of 5%, interest is paid annually, and the bond matures in 7 years. If the current market interest rate is 6%, what will the bond sell for? Multiple Choice $94, 425 O O 66, 505 O O $100,000 O O $105, 786

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