Question: Please show all your work for this question Mr Bond is considering purchasing a bond with 10-year maturity and $1,000 face value. the coupon interest

Please show all your work for this question

Mr Bond is considering purchasing a bond with 10-year maturity and $1,000 face value. the coupon interest rate is 8% and the interest is paid annually. If Mr. Bond requires 12% yield to maturity on the investment, then, what is price of the bond

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