The Carter Company's bonds mature in 10 years have a par value of $1,000 and an annual coupon payment of $90. The market rate for the bond is 8%. What is the price of these bonds

I’ve taken this before. the answer is c

Abit confused about what you mean, but i think you might be referring to slope intercept form: y = mx + bin that case b, or the y intercept is already given.(0,-1)find the slope by using the formulay2 - y1/x2 - x1the final slope will be 4/2, equivalent to 2.now your equation should look like thisy = 4/2x -1sorry if this didn’t you out!