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this investment, what is the price you should be willing to pay for the bond? $740.62$743.22$1,311.39$1,313.95 You are considering the purchase of a 15-year bond

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this investment, what is the price you should be willing to pay for the bond? $740.62$743.22$1,311.39$1,313.95

You are considering the purchase of a 15-year bond with a coupon rate of 8%. The bond has a face value of $1,000, and it makes semiannual interest payments. If you require a 5% yield to maturity on this investment, what is the price you should be willing to pay for the bond? o $740.62 o $743.22 O $1,31129 O $1,31395

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