What should be today$$s market price of a $6-$year bond with a $10\%$ coupon paid semi$-$annually, and a face value of $$5,000?$ Assume the market interest rate of $8\%.$

Question $3$ Answer

a$.$

$$5,469\mathrm{.}25$

b$.$

$$5,462\mathrm{.}29$

c$.$

$$4,318\mathrm{.}63$

d$.$

$$5,753\mathrm{.}61$

e$.$

$$4,556\mathrm{.}84$