how we calculated the 939.25 ?

9. A coupon bond pays annual interest, has a par value of $1,000, matures in four years maturity of 12%. The current yield on this bond is A. 10.65%. B. 10.45%. C. 10.95%. D. 10.52%. E. None of the options are correct. FV=1,000,n=4,PMT=100,i=12,PV=939.25;$100/$939.25=10.65%