Question 36 of 50 -12 View Policies Current Attempt in Progress What is the fair market value of a bond with the following features: (a) par value of $1000, (b) coupon payment of $55, and (c) 10- year maturity? Assume that current interest rates are 5%. O $988.00 O $1038.61 O $1110.00 O $1000.00 Attempts: 0 of 1 used Submit Answer Save for Later V W 19 A