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Coca-Cola corporation recently issued $50,000,000 in bonds. All the bonds have a par value of $1,000. The bonds are 25-year bonds with a 12% annual

Coca-Cola corporation recently issued $50,000,000 in bonds. All the bonds have a par value of $1,000. The bonds are 25-year bonds with a 12% annual payment coupon. The bonds currently sells for $900 on the market. If the yield to maturity remains at its current rate, what will the price be 8 years from now? (Hint:Two steps needed to solve

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