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13. OceanicCruisesInc.hasjustissueda5-yearbond.Thefacevalueofthebondis1,000 €. The bond is based in Europe and pays coupons annually; being the annualized...

13. OceanicCruisesInc.hasjustissueda5-yearbond.Thefacevalueofthebondis1,000 €. The bond is based in Europe and pays coupons annually; being the annualized coupon yield (=coupon rate) 6.6%. The current market interest rate for the bond (YTM) is 6% in annual terms. Please, find the fair value for the bond:

  1. 1,166.00 €

  2. 1,013.74 €

  3. 1,025.27 €

  4. 974.80 €

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