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ZZZ Corporation's bonds have 9 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the annual coupon interest

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ZZZ Corporation's bonds have 9 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the annual coupon interest rate is 12%. The bonds have a yield to maturity of 6%. What is the closest current market price of these bomull Select one: a. $861.00 b. $1,100.00 O c. $1,408.24 d. $928.00 e. $1,020.00 Next page re

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