value: 10.00 points Essex Bilochemical Co. has a $1,000 par value bond outstanding that pays 12 percent annual interest. The current B and Appendix D for an approximate yield to maturity on such bonds in the market is 10 percent. Use Ap answer but calculate your final answer using the formula and financiaalculator methods Compute the price of the bonds for the maturity dates: (Do not round intermediate calculations. Round your final answer to 2 decimal places. Assume interest payments are annual.) Bond Price a. 40 years b. 25 years c. 3 years HintsReferences eBook &Resources Hint#1 Check my work