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IZZ Corporation's bonds have 9 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the annual coupon interest

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IZZ Corporation's bonds have 9 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the annual coupon interest rate is 12%. The bonds have a yield to maturity of 6%. What is the closest current market price of these bonds? Select one: O a. $1,100.00 O b. 5861.00 Oc$1,408.24 Od $928.00 O. 1. $1,020,00

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