What must be the price of a $10,000 bond with a 6.5% coupon rate,semiannual coupons,and two years to maturity if it has a yield to maturity of 8% APR?

Question

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The bond price can be calculated using the present value of the coupon payments and the face value. The bond pays $325 every six months (6.5% of $10,000 annually, divided by 2). The yield to maturity is 8% APR, which is 4% per period (semiannual). The bond has 4 periods (2 years, semiannual). The present value of the coupons and the face value at 4% per period gives approximately $9727.76.

What Must Be the Price of a $10,000 Bond with a 6.5