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What is the value (to the nearest cent) of a 7 year 4.7% coupon bond with a face value of $1,000. The yield-to-maturity on the

What is the value (to the nearest cent) of a 7 year 4.7% coupon bond with a face value of $1,000. The yield-to-maturity on the bond is 13.8% and the bond makes semi-annual coupon payments. Select one: a. $599.68 b. $3997.50 c. $607.37 d. $404.58

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