Moerdyk Corporation's bonds have a 20-year maturity, a 9.25% quarterly coupon, and a par value of $1,000. The going interest rate (ra) is 6.20%, based on quarterly compounding. What is the bond's price? O $976.02 O $1.457.85 O $1,348.22 O $1,235.47 O $1,659.01

Moerdyk Corporatjon's bonds have a 20 -year maturity, a 9.25% quarterly cocupon, and a par value of 51,000 . The going intereat rate ( (d) is 620%6, bascd on quarterly compounding. What is the bood's price? 5976.02 51,457.85 $1,348.22 51,235,47 $1,659.01