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Weismann Co. issued 10-year bonds a year ago at a coupon rate of 6 percent. The bonds make semiannual payments and have a par value

Weismann Co. issued 10-year bonds a year ago at a coupon rate of 6 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 7 percent, what is the current bond price? A) $781.20 B) $1,465.64 C) $934.05 D) $963.42 E) $944.05

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