The image below provides today's information on a United States Treasury bond issue. A relative of yours is being offered a bond for this issue whose face value is $ 1,000. Given the current market conditions and assuming that your family member wants to buy it, what would you recommend in relation to the price to pay for this bonus?

Bond details
Type Treasury Notes			Call Sched			Non-Callable
Dated date		02-15-2018	Tax Status			Taxable
			Maturity			02-15-2028
Coupon & Yield
Coupon	2,750	Pay Months		Feb, Aug	Current Yield	2,353
Frequency	Semi-Anually	First Coupon		08-15-2018	Yield to Maturity	0.520

A) Multiple choice:

(a) He can pay over $ 1,000, still win (b) He can pay exactly $ 1,000, no more, no less (c) He must pay less than $ 1,000 to win

B) Justify your answer to the previous question