Sqeekers Co. issued 12-year bonds a year ago at a coupon rate

Sqeekers Co. issued 12-year bonds a year ago at a coupon rate

Subject: Business    / Finance
Question

Sqeekers Co. issued 12-year bonds a year ago at a coupon rate of 8.4 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 6.7 percent, what is the current bond price?