please help me with question, i am stuck. Ten years ago, Jovic Corp. issued $20-$year bonds that had a coupon rate of $12$

percent with the interest paid semi$-$annually. If these bonds are now trading with

an $8$ percent market required yield, at what price are these bonds now selling?

The par value of the bonds is $$1,000.$ Why is the price now different from the

par value?