Cannot use excel!!

Brooks Books bonds have 15 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 9 percent, and the yield to marurity is 95 percent What is the bond's current marker price? Selected Answer: Answers: $1,244.99 a. $704.54 b. $1,000.00 c. $960.86 C. d. $1,090.00 e. $1,244.99

Brooks Books 'boods have 15 sears remaining to marurity Interest is paid annoallys they bave 851,000 par value: price? Selected Answer: o e. 51,244,99 Answers: a. 5704.54 b. $1,000.00 c. $96086 d. $1,090.00 e. $1,24499