Question: can someone explain how to solve this with a financial calc? im very confused. thanks Kaiser Industries has bonds on the market making annual payments,

can someone explain how to solve this with a financial calc? im very confused. thanks

Kaiser Industries has bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000, and a current price of $1,108.60. At this price, the bonds yield 7.5 percent. What is the coupon payment? A. 84.60 B. 87.79 C. 93.20 D.90.10

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