If a 4-Year Bond with a 7% Coupon and a 10

question 100

Multiple Choice

If a 4-year bond with a 7% coupon and a 10% yield to maturity is currently worth $904.90,how much will it be worth 1 year from now if interest rates are constant?

• A) $904.90
• B) $925.39
• C) $947.93
• D) $1,000.00