19.

You just paid $987.50 for a semiannual coupon bond that has coupon rate of 7.84 percent. The bond has face value of $1,000 and is trading with one month to the next coupon date. What was the quoted price of this bond?

Group of answer choices

$974.43

$922.17

$1,000.57

$1,020.17

$954.83