QUESTION $4$

Bond A has a coupon rate of $10\mathrm{.}38$ percent, a yield$-$to$-$maturity of $14\mathrm{.}98$ percent, and a face value of $$1,000\mathrm{.}00$; matures in $8$ years; and pays coupons annually with the next coupon expected in $1$ year. What is $($X $+$ Y $+$ Z$)$ if X is the present value of any coupon payments expected to be made in $3$ years from today, Y is the present value of any coupon payments expected to be made in $6$ years from today, and Z is the present value of any coupon payments expected to be made in $9$ years from today?

An amount equal to or greater than $$127\mathrm{.}98$ but less than $$144\mathrm{.}97$

An amount equal to or greater than $$144\mathrm{.}97$ but less than $$177\mathrm{.}37$

An amount less than $$84\mathrm{.}91$ or a rate greater than $$237\mathrm{.}74$

An amount equal to or greater than $$84\mathrm{.}91$ but less than $$127\mathrm{.}98$

An amount equal to or greater

than $$177\mathrm{.}37$ but less than $$237\mathrm{.}74$