Question: Please help me answer this finance question and show work, i will rate! thanks! Question Help Suppose that General Motors Acceptance Corporation issued a bond

Please help me answer this finance question and show work, i will rate! thanks!

Question Help Suppose that General Motors Acceptance Corporation issued a bond with 10 years until maturity a face value of $1,000, and a coupon rate of 7.5% (annual payments). The yield to maturity on this bond when it was issued was 62%, what was the price of this bond when it was issued? When it was issued, the price of the bond was s(Round to the nearest cent)

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