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Please explain how to solve with a financial calculator. Check my work 2 Welsmann Co. Issued 15-year bonds a year ago at a coupon rate

Please explain how to solve with a financial calculator. image text in transcribed

Check my work 2 Welsmann Co. Issued 15-year bonds a year ago at a coupon rate of 7 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 8 percent, what is the current bond price? 10 points eBook Multiple Choice $1.670.52 $949.41 $926.68 $683.22 $916.68

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