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Question 23 A bond has $1,000 face value, 15 years to maturity, and 4.35% annual coupon rate with coupons paid semiannually. The yield to maturity

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Question 23 A bond has $1,000 face value, 15 years to maturity, and 4.35% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is 5.2%. What is this bond's market price? Assume the interest rate compounds semiannually. $954.33 $912.22 $965.24 2.86 pts $1,088.78

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