Testa Co. issues a 9-year semi annual coupon bond with the par value of $1,000 and coupon rate of 8% per year. What is the price of the bond 3 years from today? Given the yield is 4%.

Testa Co, issues a 9-year semi-anousl coupen boed with the par value of 51,000 and coupen raie of gst per year. What is the price of the bond 3 years from foday? Given tho yield to maturity is 4%. x 1,11203 1,000.00 1,211,31 1,3160co