Crane company is issuing eight$-$year bonds with a coupon rate of $6\mathrm{.}2$ percent and semiannual payments. If the current market rate for similar bonds is $12$ percent. Assume face value is $$1,000.$ What will the bond price be$?$ If company management wants to raise $$1\mathrm{.}25$ million, how many bonds does the firm need to sell?