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Calculate the price of a 2.72% coupon bond that matures in 16 years if the market interest rate is 4.44% (Assume semiannual compounding and $1,000

"Calculate the price of a 2.72% coupon bond that matures in 16 years if the market interest rate is 4.44% (Assume semiannual compounding and $1,000 par value)."

$630.38

$804.48

"$1,113.68 "

$709.09

"$1,364.44 "

"$1,221.93 "

"$1,029.00 "

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