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14. What is the price of a Verismo Company's bond that has a 10.75 percent coupon and a face value of $1,000, pays interest semiannually,

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14. What is the price of a Verismo Company's bond that has a 10.75 percent coupon and a face value of $1,000, pays interest semiannually, and has 15 years to maturity, if the required rate of return is 18 percent? a. $779.06. b. $824.62. c. $600.03. d. $627.58. Please Show Your Calculation Steps Below

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