Sunshine Corp bonds have11 percent coupon rate and $1,000 of parvalue. Maturity is 15  years. The requird rate of return is​12percent, what should be the​ price? What happens if you pay morethan what you should​ pay? What happens if you pay less than whatshould you​ pay?

a. The price should be ​$ . ​ (Round to the nearest​ cent.)

b. The bond investment should not be accpeted if you pay ▼ more/less for the bond because the expected rate of return for the bondis ▼ greater/less than your required rate of return.  ​(Select fromthe​ drop-down menus.)