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What must be the price of a$1000 bond with a5.8% couponrate, annualcoupons, and 30 years to maturity if YTM is7.5% APR? A. $1005.26 B. $799.22

What must be the price of a$1000 bond with a5.8% couponrate, annualcoupons, and 30 years to maturity if YTM is7.5% APR?

A.

$1005.26

B.

$799.22

C.

$114.22

D.

$685.00

E.

$184.26

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