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What is the price of a bond with the coupon rate of 10%, payable annually, a face value of $1000, 6 years to maturity, and

What is the price of a bond with the coupon rate of 10%, payable annually, a face value of $1000, 6 years to maturity, and a yield to maturity of 9%? Answer should be 2 decimal places. Thank you! image text in transcribed
What is the price of a bond with a coupon rate of 10%, payable annualiy, a face value of $1000,6 years to maturity, and a yeld to maturity of 9% ? Enter your response below. Enter your answer to 2 DECIMAL PLACES

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