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What is the price of a bond with a coupon rate of 9.60% and semi-annual payments. If the yield-to-maturlty is 10.90% and the bond matures

What is the price of a bond with a coupon rate of 9.60% and semi-annual payments. If the yield-to-maturlty is 10.90% and the bond matures in 20 years? Assume a par value of $1,000. Multiple Choice $449.29 $1,670,31 $895.01 $999.22 $922.00 $1914.66

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