Question: Kohls Corp. ' s 7 . 5 % coupon bonds maturing in 1 5 years traded yesterday at 9 5 6 . 7 7 .

Kohls Corp.'s 7.5% coupon bonds maturing in 15 years traded yesterday at 956.77. Assume semi-annual compounding.
Suppose in one year that market adjusts and Kohls's bond now trades at a yield of 5% APR. At what price would Kohls's bond trade in one year?
Always carry at least four decimal places throughout your analysis.
Response should include 4 decimal places. Do not include percentage sign (for example, 12% would be entered as 0.1200). Do not include a dollar sign. Do not include comma (for example, 15,000 would be entered as 15000).(Trailing zeroes may disappear-do not worry about that)
 Kohls Corp.'s 7.5% coupon bonds maturing in 15 years traded yesterday

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