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Un 4 December 2010 a company issued a bond with a face value of $200,000 that matures exactly 20 years later. The coupon rate is

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Un 4 December 2010 a company issued a bond with a face value of $200,000 that matures exactly 20 years later. The coupon rate is 3% pa. compounded half-yearly. What is the bond's value on 4 June 2018 assuming the market yield is 5% p.a, compounded half-yearly. a. $162,098.78 b. $163,151.25 C. $143,624.22 d. $164,230.03 e. $149,794.45

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