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What is the value of the following bond? Par value: $5,000 Coupon rate: 2.5% to be paid quarterly Maturity: 10 years Required rate (YTM): 2%

What is the value of the following bond?

Par value: $5,000

Coupon rate: 2.5% to be paid quarterly

Maturity: 10 years

Required rate (YTM): 2%

  1. $1,000
  2. $1,044.91
  3. $1,949.42
  4. $5,025.27
  5. $5,226.08

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