9-3 BOND VALUATION Kyoto Corporation's outstanding bonds have a $1,000 par value,a 9% semiannual coupon,8 years to matur

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9-3 BOND VALUATION Kyoto Corporation's outstanding bonds have a $1,000 par value,a 9% semiannual coupon,8 years to matur

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9-3
BOND VALUATION Kyoto Corporation's outstanding bonds have a$1,000 par value,a 9% semiannual coupon,8 years to maturity,and an8.5% YTM.What is the bond's price?
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