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Kessen Inc.'s bonds mature in 5 years, have a par value of $1,000, and make an annual coupon payment of $62. The market interest rate

Kessen Inc.'s bonds mature in 5 years, have a par value of $1,000, and make an annual coupon payment of $62. The market interest rate for the bonds is 8.64%. What is the bond's price?
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Kessen Inc.'s bonds mature in 5 years, have a par value of $1,000, and make an annual coupon payment of $62. The market interest rate for the bonds is 8.64%. What is the bond's price

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