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Big-Small Corp. will start selling 20-year, 10% coupon rate, bonds today with a yield to maturity (YTM) of 12%. The bonds have semiannual coupon payments

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Big-Small Corp. will start selling 20-year, 10% coupon rate, bonds today with a yield to maturity (YTM) of 12%. The bonds have semiannual coupon payments and a par value of $1,000 What is the price of the bond today? 885.30 1,137.65 849.54 850.61 961.39

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