27. Consider a bond that makes semiannual payments. The bond with a $1,000 par value was issued as a 25- year bond exactly 8 years ago. If the current YTM is 5.6% and the coupon rate is 7.4%, what should be the price of the bond today? a) $1,195.73 b) $2,249.12 c) $1,643.75 d) $1,249.12 e) $1,879.56