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XYZ , Inc s bonds have 1 2 years remaining to maturity. Interest is paid annually, the bonds have a $ 1 , 0 0

XYZ, Incs bonds have 12 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest rate is 8%. The bonds have a yield to maturity of 9%. What is the current market price of these bonds?
Question 12 options:
a)
$828.93
b)
$928.39
c)
$892.93
d)
$882.39

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