1.07.01 Submit Test for Gradir Question 3 of 33 Multiple Choice som Algorithmic McCurdy Co's Class Q bonds have a 12-year maturity, $1,000 par value, and a 55% coupon paid semiannually (2.75% each 6 months), and those bonds sell at their par value. McCurdy's Class P bonds hav the same risk, maturity, and par valor, but the p bonds pay a 55% annual coupon. Neither bond is callable. At what price should the annual payment bond sell? Select the correct answer 1101105 1987.17 d 1991.14 $1,005.08 Malople Choice 61 Algorithm Question of 33 Save Submit Test for Grading CERCA Learning Centre Technical support Go