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Question: Bonds A and B are identical, including the risk class. The only difference between A and B is as shown below. Bond A FV:

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Bonds A and B are identical, including the risk class. The only difference between A and B is as shown below.

Bond A

FV: 1000

Semi annual Coupon Value: $120

Years to maturity: 15

Price: $919.43

I had calculated that the YTM % is 13.25% for Bond A

Bond B

FV: 1000

Annual Coupon Value: $130

Years to maturity: 15

Price: ??

I used 13.25% as my YTM for Bond B, and came up with a price of $983.89. The correct answer is actually $957.02 and I can't figure out how to get to that answer. I don't have a finance calculator, so could someone explain to me the steps to arrive at the right answer?

Thanks!

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