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ytm yield to maturity on a 25 year bond is 5.4%. the bond has a face value of $1,000 and a coupon rate of 8%

ytm yield to maturity on a 25 year bond is 5.4%. the bond has a face value of $1,000 and a coupon rate of 8%

P0, the price of the bond at T=0, is -

1. 689.21

2. 998.25

3. 1000.00

4. 1,214.82

5. 1,352.19

6. 2972.62

7. 2992.36

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