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A bond that has 11 years remaining to maturity and has an annual 4.08% coupon. It has a $1,000 face value, and its yield-to-maturity is

A bond that has 11 years remaining to maturity and has an annual 4.08% coupon. It has a $1,000 face value, and its yield-to-maturity is 7.61%. What is the market price of the bond? Maintain 4 decimal places in your intermediate calculations and final answer.
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A bond that has 11 years remaining to maturity and has an annual 4.08% coupon. It has a $1,000 face value, and lits yield-to-maturity is 7.61%. What is the market price of the bond? Malintain 4 decimal places in your intermediate calculations and final

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