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A 9.75 coupon bond with par value of ( $ 1,000 ) matures in 13 years and yields 1112. Coupon poyments are pald semi-annually. What

A \9.75 coupon bond with par value of \$ \\$ 1,000 \$ matures in 13 years and yields \1112. Coupon poyments are pald semi-annually. What is the bond's price? Multiple Choice \$ \\$ 975 \$ \$ \\$ 662 \$ \$ \\$ 907 \$ 5111

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