Problem $8-2$ Valuing Bonds

Microhard has issued a bond with the following characteristics:

Par: $$1,000$

Time to maturity: $9$ years

Coupon rate: $12$ percent

Semiannual payments

Calculate the price of this bond if the YTM is $($Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$:

$\backslash$table$[[$a$.12$ percent,$$,951\mathrm{.}54],[$b$.14$ percent,$$,823\mathrm{.}03],[$c$.10$ percent,$$,1,091\mathrm{.}07$