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What would be the current market value of a risk free bond with a face value of 1000 which pays a coupon of 10% and

What would be the current market value of a risk free bond with a face value of 1000 which pays a coupon of 10% and which matures in 4 years' time with a redemption value of 1200 if the risk free rate is 5%image text in transcribed

6) What would be the current market value of a risk free bond with a face value of 1,000 which pays a coupon of 10% and which matures in 4 years' time with a redemption value of 1,200 if the risk free rate is 5%? a. 1,200 b. 822.70 c. 987.24 d. 1,022.70 e. 858.16

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