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i am now exam :Suppose the cash flows for a bond's coupon payment for years 1 through 12 are $100. That is, CFt = $100

i am now exam
:Suppose the cash flows for a bond's coupon payment for years 1 through 12 are $100. That is, CFt = $100 fort (t = 1,...,12). Further assume the the discount rate is 9.00% and at the end of the 12th year the bond will pay back the bonds par value of $1,000. To the nearest dollar, what is the correct price for this bond

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