Mayfield Co. issued 6-year bonds a year ago at a coupon rate of 9 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 9 percent, what is the current bond price? Multiple Choice $1,140.39 $1,186.34 $1,252.16 $1,000 $1,149.31

Mayfleid Co. issued 6-year bonds a year ago at a coupon rate of 9 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 9 percent, what is the current bond price? Multiple Choice $1,14039 $1.86.34 $1,252.16 $1000 $114931