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Red Rock Ltd . issued a 7 . 5 % coupon bond that matures in 9 years. The bond pays interest semi - annually. What

Red Rock Ltd. issued a 7.5% coupon bond that matures in 9 years. The bond pays interest semi-annually. What is the market price of a $1,000 face value bond if the yield to maturity is 6.8%?
Question 3 options:
$1,051.33
$1,049.07
$1,046.55
$1,045.18
$1,050.10

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