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Question 7 2 pts Suppose you purchase a 10-year default-free bond with 5% annual coupons. The face value of the bond is $1000. You hold
Question 7 2 pts Suppose you purchase a 10-year default-free bond with 5% annual coupons. The face value of the bond is $1000. You hold the bond for 6 years and sell it immediately after receiving the 6th coupon. Suppose the bond's yield to maturity was 4% when you purchased and sold the bond. The price at which you sold the bond (immediately after receiving the 6th coupon) is closest to: $855 O $1,000 0 $1,052 $1,036 O $1,081
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