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Question 12 (10 points) Assume that you have a discount bond. The bond is selling for $975.00 and it has 8 years left to maturity.

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Question 12 (10 points) Assume that you have a discount bond. The bond is selling for $975.00 and it has 8 years left to maturity. What is the price of the bond at the time of bond maturity? 1) $975.00 2) $984.35 3) $991.54 4) $996.45 5) $1,000.00 Save Page 12 of 20

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