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Question 10 1 pts Sargento Cheese has a bond with the following characteristics; a coupon rate of 8.6%, a par value of $1000, 12 years

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Question 10 1 pts Sargento Cheese has a bond with the following characteristics; a coupon rate of 8.6%, a par value of $1000, 12 years to maturity, and a Yield to Maturity of 14.2%? What price should you expect to pay for this bond? (Enter the absolute value of your response to two decimal places, ex: 123.45 NOT-123.45)

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