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What is the price of a bond that has a $1,000 face value with a coupon rate of 7%, semiannual payment, and 10 years to

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What is the price of a bond that has a $1,000 face value with a coupon rate of 7%, semiannual payment, and 10 years to maturity? Assume the Yield-to-Maturity is 8.5%. $900.29$1,800.96$85.62$200.33 Question 6 12.5pts Assume a bond that pays $40 every six months and 30 years to maturity, if the face value is $1,000 What is the coupon rate of the bond? 3.10% 8.00% 5.36% 1.28%

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