Question: Bond A and Bond B both have a par value of $1000 and have 20 years to maturity. Bond A has a 10% coupon rate

Bond A and Bond B both have a par value of $1000 and have 20 years to maturity. Bond A has a 10% coupon rate with a semiannual coupon payment and is priced at $1,100. Bond B has an 8% coupon rate with a semi-annual coupon payment. Both bonds have the same level of risk. What is the price of Bond B? Please Solve on Paper, no Excel. Thanks

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