$1.$Potter Industries has a bond issue outstanding with an annual coupon of $6\%$ and a $10-$year maturity. The par value of the bond is $$1,000.$ If the going annual interest rate is $7\%,$ what is the value of the bond? Round your answer to the nearest cent. Do not round intermediate calculations.

$2.$Potter Industries has a bond issue outstanding with a $6\%$ coupon rate with semiannual payments of $$30,$ and a $10-$year maturity. The par value of the bond is $$1,000.$ If the going annual interest rate is $7\%,$ what is the value of the bond? Round your answer to the nearest cent. Do not round intermediate calculations.