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Weismann Co. issued 15-year bonds a year ago at a coupon rate of 9 percent The bonds make semiannual payments and have a par value

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Weismann Co. issued 15-year bonds a year ago at a coupon rate of 9 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? Multiple Choice o $1.186.67 $639.27 O $1,176.67 O $1,120.17 $1,622.35

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