Colton Corporation's semiannual bonds have a 12-year maturity, an 7.30% nominal coupon pald semlannually, and sell at their $1.000 par value. The firm's annual bonds have the same risk, maturity, nominal Interest rate, and par value, but these bonds pay interest annually. Neither bond is calable. To provide the same effective annual yield (EFFX), at what price should the annual payment bonds sell? Hint: Calculate the EFFX for the semiannual bond's coupon rate, and then use it as the YTM for the annual payment bond, Recall that EFF%. (1 Nominal Rate /- 1 Your answer should be between 980.00 and 1000.00, rounded to 2 decimal places, with no special characters. Note that the annual payment bord must sell for less than par since it recelves the same cash flow, but not as quickly