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What is the price of a $1,000 bond with a 10 year maturity, coupon rate of 5% and market rates of 3.0%? SHOW ALL WORK

What is the price of a $1,000 bond with a 10 year maturity, coupon rate of 5% and market rates of 3.0%? SHOW ALL WORK IN THE SPACE PROVIDED, THAT IS PV, FV, etc

A. $1,000.00
B. $945.85
C. $1,170.60
D. $1,171.68

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