Question: You bought a 2 5 - year, 6 . 8 % semi - annual coupon bond today and the current market rate of return is

You bought a 25-year, 6.8% semi-annual coupon bond today and the current market rate of return is 5.3%. The bond is callable in 7 years with a $1,087 call premium. What price did you pay for your bond? (Show your answer to nearest cent with no comma. For example $1,378.565 is entered as 1378.57)
 You bought a 25-year, 6.8% semi-annual coupon bond today and the

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