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Question 24 A company issues a ten-year bond at par with a coupon rate of 6.1% paid semi-annually. The YTM at the beginning of the

Question 24

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A company issues a ten-year bond at par with a coupon rate of 6.1% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 8.6%. What is the new price of the bond? O A. $1,029 OB. $1,201 O C. $858 OD. $1,000

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