Problem 8.14 a1-a4 (Part Level Submission) Blossom Information Systems management is planning to issue 10-year bonds. The going market yield for such bonds is 8.435 percent. Assume that coupo payments will be made semiannually. Management is trying to decide between issuing an 8 percent coupon bond or a zero coupon bond. Blossom needs to raise $1 million. (a1) Your answer is incorrect. Try again. What will be the price of an 8 percent coupon bond? (Round answer to 2 decimal places, e.g 15.25.) Bond value 970.68