Weismann Company issued $16-$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 $11$ percent, what is the current bond price?

Multiple Choice

$$627\mathrm{.}93$

$$900\mathrm{.}38$

$$1,803\mathrm{.}36$

$$864\mathrm{.}66$