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Twelve years ago, you bought a 7.75 percent semiannual coupon bond that had nineteen years to maturity (at that time), at a price of $1,218.81.
Twelve years ago, you bought a 7.75 percent semiannual coupon bond that had nineteen years to maturity (at that time), at a price of $1,218.81. The bond's face value is $1,000. Assuming the yield to maturity of the bond has not changed since you purchased it, what is the price of your bond today? $1,000.00 O $1,164.08 $1,060.00 O $1,109.07 $1,096.04
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