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QUESTION 6 The prevailing market rates being as follows, what is the price of a 4 year 10% annual coupon rate bond? Maturity (year) Spot

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QUESTION 6 The prevailing market rates being as follows, what is the price of a 4 year 10% annual coupon rate bond? Maturity (year) Spot Rate 1 2 10.00% 10.50% 11.00% 11.50% 3 4 A. 95.76 OB. 100 OC. 68.30 D. 96.37

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