Question: Question 11 (4 points) A bond has a coupon rate of 7.2 percent, has a $1,000 face value and has 15 years to maturity. The

Question 11 (4 points) A bond has a coupon rate of 7.2 percent, has a $1,000 face value and has 15 years to maturity. The yield to maturity on this bond is 9.5 percent. What is the price of this bond in the market? Assume semi annual interest payments and round to the closest answer. $759 $879 $818 O$1,000

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