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What is the price of a bond with a coupon rate of 13.95% and semi-annual payments, if the yield-to-maturity is 9.70% and the bond matures

What is the price of a bond with a coupon rate of 13.95% and semi-annual payments, if the yield-to-maturity is 9.70% and the bond matures in 15 years? Assume a par value of $1,000. Multiple Choice $1,332.33 O $1,222.82 $2,423.13 $1,005.13
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What is the price of a bond with a coupon rate of 13.95% and semi-annual payments, if the yield-to-maturity is 9.70% and the bond matures in 15 years? Assume a par value of $1,000. Muliple Choice $1.332.33 $122282 $2,42713 $100513

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