Question: can you solve this correctly please dont use excel!! 43. A company issues 12%,10-year $1,000 bonds paying interest semi-annually. Required return for bonds of this

can you solve this correctly

please dont use excel!! can you solve this correctly please dont use excel!! 43. A

43. A company issues 12%,10-year $1,000 bonds paying interest semi-annually. Required return for bonds of this risk is 15%. At what price will the bond be sold (pick closest answer)? A. $663 B. $849 C. $847 D. $894

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