Assume that you are considering the purchase of a 20-year, noncallable bond with an annual coupon rate of 60 percent. The bond hos e fece value of $1,000, and it makes semiannual interest payments. If you require an 8.95 percent nominal yield tomburity on this investment, what is the maximum price you should be willing to pay for the bond? Multiple Choice $94.93 507320 O $96758 4 Quit 505432 02 MacBook 30 go DODA *