A firm is planning to issue $50 million debts. Each bond will have a par value of $1,000, a coupon of 9% paid annually, and maturity period of 25 years. If the market rate for such bond is 12%, what will be the market price of such bond and how many bonds will the firm have to issue? (Hint: par=1000, N=25, coupon rate=9%, required rate of return(discount rate)=12%)