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Which of the following is closest to the price of the bond

A 6-year bond has an 12.9 percent coupon rate and a $1000.00 face value. If the yield to maturity on the bond is 7.7 percent, which of the following is closest to the price of the bond assuming that the bond makes quarterly coupon payments,

a. $1247.98

b. $1073.00

c. $791.55

d. $785.08

e. $1246.15

f. $787.30

g. $1242.59

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Basic Statistics: Which of the following is closest to the price of the bond

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Basic Statistics: Which of the following is closest to the price of the bond

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