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Jason Greg is a recent retiree who is interested in investing some of his savings in corporate bonds. Listed below are the bonds he is considering adding to his portfolio.
Bond A has a 7.5% semiannual coupon, matures in 12 years, and has a $1,000 face value.
Bond B has a 10% semiannual coupon, matures in 12 years, and has a $1,000 face value.
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Bond C has an 11.5% semiannual coupon, matures in 12 years, and has a $1,000 face value.
Each bond has a YTM of 10%.
Calculate the price of each of these bonds.