Weismann Company issued $12-$year bonds a year ago at a coupon rate of $12$ percent. The bonds make semiannual payments and have a par value of $$1,000.$ If the YTM on these bonds is $11$ percent, what is the current bond price?

Multiple Choice

$$1,062\mathrm{.}92$

$$1,072\mathrm{.}92$

$$1,696\mathrm{.}07$

$$1,048\mathrm{.}09$

$$630\mathrm{.}34$