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Weismann Company issued 11-year bonds a year ago at a coupon rate of 11 percent. The bonds make semiannual payments and have a par value

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Weismann Company issued 11-year bonds a year ago at a coupon rate of 11 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 8 percent, what is the current bond price? Multiple Choice $1,547,61 $660.64 $1,136.41 $1,20385 $1.21385

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