At what price should the annual payment bond sell? Need help financial

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Murphyk

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problem............? Kebt Corporation's Class Semi bonds have a 12-year maturity and an 8.75% coupon paid semiannually, and those bonds sell at their $1000 par value. The firm's Class Ann bonds have the same risk, maturity, nominal interest rate, and par value , but these bonds pay interest annually. neither bond is callable. At what price should the annual payment bond sell?
 
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