Qusetion: You have just purchased a 20-year, $1,000 par value bond. The coupon rate on this bond is 10 percent annually, with interest being paid each quarter. If you expect to earn a 12 percent simple rate of return on this bond, how much did you pay for it? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.