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Ordinary bonds of Global Energy Solutions mature in 11 years and pay coupons twice per year. What is todays quoted price for this Global Energy

Ordinary bonds of Global Energy Solutions mature in 11 years and pay coupons twice per year. What is todays quoted price for this Global Energy Solutions bond if the next coupon will be disbursed in exactly six months? Note: the YTM = 6.32% and the Global Energy Solutions bond annual coupon rate is 5.5%.

multiple choice $1,008.79 $1,431.32 $1,367.02 $935.69 $1,504.37

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