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Your father bout a 15-year bond. The band has a face value of $2000 and pays semi-annual coupon. The annual coupon rate is equal to

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Your father bout a 15-year bond. The band has a face value of $2000 and pays semi-annual coupon. The annual coupon rate is equal to 9.75 compounded semiannually. The current market rate of return is 11.75 compounded semi-annually Find the price of the Bond Market value of the bond today 51188.02 $1720,98 $39776 $6270.26 None of these

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