What must be the price of a

$10,000

bond with a

6.3%

coupon rate, semiannual coupons, and ten years to maturity if it has a yield to maturity of

9%

APR?\ A.

$11,542

\ B.

$8,244

\ C.

$9,893

\ D.

$6,595

What must be the price of a $10,000 bond with a 6.3% coupon rate, semiannual coupons, and ten years to maturity if it has a yield to maturity of 9% APR? A. $11,542 B. $8,244 C. $9,893 D. $6,595