thw compmany has a bound outstanding with a face value of $1000 that reaches maturity in 10 yrs

The bond certificate indicates that the stated coupon rate for this bond is8.9% and that the coupon payments are to be made semi annually

assuming the appropriate YTM on the company bond is 11.5% then the price that this bond trades for will be closest to

are to be mase temiarnually. Aivaming the approprish YTM en the Sityphean bond is 11 s\%, then the poce fat this bond trades for will be closest to: A. 11,017