a Solvay Corporation's bonds have a 20-year maturity, a 12% semiannual coupon, and a par value of $1,000. The current market rate is 9%, based on semiannual compounding. What is the bond's price? $1,271.81 $1,268.40 $1,244.33 $1,241,82 $1,276.02 $1,273.86 sal 000 par value bond is $887.00. Interest on the to maturity is 12 percent Given these hand