Weismann Company issued $11-$year bonds a year ago at a coupon rate of $8$ 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

$$716\mathrm{.}44$

$$1,081\mathrm{.}06$

$$1,071\mathrm{.}06$

$$1,050\mathrm{.}01$

$$1,501\mathrm{.}43$