Question $8$

$1$ pts

Legg Mason Inc issues a $8$ percent coupon bond with $19$ years maturity, $$1,000$ face $($par$)$ value, and semi$-$annual payments. If the yield to maturity of this bond is $10$ percent, find the bond's price.

$$487\mathrm{.}71$

none of the answers is correct

$$831\mathrm{.}32$

$$731\mathrm{.}57$

$$665\mathrm{.}06$