What is the market price of a $1000$ par value bond with maturity in $10$ years and $$57$ quarterly coupons if the yield to maturity is $7\mathrm{.}8\%$ compounded quarterly?

Question $5$Answer

a$.$

$2034\mathrm{.}88$

b$.$

$2827\mathrm{.}74$

c$.$

$857\mathrm{.}81$

d$.$

$1361\mathrm{.}63.$ the correct answer on corporate finance