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Please compute the price of an AT&T bond with a $1,000 face value, a 10.55% coupon payment paid semiannually and 7.65% yield to maturity. The

Please compute the price of an AT&T bond with a $1,000 face value, a 10.55% coupon payment paid semiannually and 7.65% yield to maturity. The bond will mature in 12 years.

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$1,225.10

$1,137.48

$1,222.57

$1,892.90

None of the above

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