The currently quoted price $(3$ years before maturity date$)$ of a $5-$year bond with a nominal of $1,000,000$ PLN$,$ interest $4\%$ pa$,$ coupons paid each $4$M$,$ is PLN $900,000.$ Calculate PVB and determine whether investor should buy this bond $($or not$)$ for the quoted price, if expected YTM during maturity period is $8\%$ pa$?$

Should not buy this bond

Should buy this bond

It does not matter wheter investor buys it or not

Not enough data to determine