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Starwood Hotel & Resort World issues a 9 percent coupon bond with 26 years maturity, $1,000 face (par) value, and semi-annual payments. If the

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Starwood Hotel & Resort World issues a 9 percent coupon bond with 26 years maturity, $1,000 face (par) value, and semi-annual payments. If the yield to maturity of this bond is 6 percent, find the bond's price. $1,159.79 $1,312.31 none of the answers is correct $1,443.54 $1,392.49

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