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Calculate the price of a 6.25% coupon bond that matures in 9 years if the market interest rate is 6 percent (Assume semiannual compounding and

"Calculate the price of a 6.25% coupon bond that matures in 9 years if the market interest rate is 6 percent (Assume semiannual compounding and $1,000 par value) ."

"$1,446.99 "

"$1,253.05 "

"$1,009.73 "

"$1,017.19 "

$688.71

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