Question: answer in a box. 11. A bond has 4 years to maturity and $1.000 par value. The coupon rate is 16% and interest is paid

 answer in a box. 11. A bond has 4 years to

answer in a box. 11. A bond has 4 years to maturity and $1.000 par value. The coupon rate is 16% and interest is paid semiannually. If the current market price of the bond is $1,193.90, and the yield to maturity will not change in the next 6 months, what will be the market price 6 months from now after the next coupon payment is made

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