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The fair value of a bond with a par value of 1000 BD and a Coupon payment of 100 BD and a maturity period of 20 years and the interest is paid twice a year, the market interest rate is 8 percent is Select one: a

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The fair value of a bond with a par value of 1000 BD and a Coupon payment of 100 BD and a maturity period of 20 years and the interest is paid twice a year, the market interest rate is 8 percent is

Select one:

a. BHD 1,197.65

b. BHD 1,135.5

c. BHD 1,000

d. BHD 2,194.3