Part of the Rock,Inc

Multiple Choice

Part of the Rock,Inc. has a 6% coupon bond that matures in 11 years. The bond pays interest semiannually. What is the market price of a $1,000 face value bond if the yield to maturity is 12.9%?

A) $434.59
B) $580.86
C) $600.34
D) $605.92
E) $947.87