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A $1,000 par bond that pays interest semiannually has a quoted coupon rate of 7%, a...

A $1,000 par bond that pays interest semiannually has a quoted coupon rate of 7%, a promised yield to maturity of 5.8% and exactly 11 years to maturity. The present value of the coupon stream represents ______ of the total bond's value.

(How can this be computed a BA-II Plus calculator?)

A.) 53.8%
B.) 51.4%
C.) 50.3%
D.) 52.5%

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