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What is the price of a bond with a coupon rate of 5.35% and semi-annual payments, if the yield-to-maturity is 10.10% and the bond matures

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What is the price of a bond with a coupon rate of 5.35% and semi-annual payments, if the yield-to-maturity is 10.10% and the bond matures in 20 years? Assume a par value of $1,000. Multiple Choice $705.27 $280.51 $1,051.13 o O $595.25 o O a $996.69

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