Maroon Two Inc. has just issued 10,000 coupon bonds with face value of $1,000, coupon rate of 9%, semi-annual coupon payment, and maturity of 10 years. What is price on each coupon bond if the current...

Maroon Two Inc. has just issued 10,000 coupon bonds with face value of $1,000, coupon rate of 9%, semi-annual coupon payment, and maturity of 10 years. What is price on each coupon bond if the current yield on similar bonds in the market is 8.5%?

Show me all the calculation steps and formulas if necessary