32. You have an opportunity to buy a $1,000 bond which matures in 10 years. The bond pays $100 every year. The current market interest rate is 8%. What is the most you would be willing to pay for this bond? (Hint: Discount the yearly $100 Coupon payments and also the lump sum $1,000 face value payable at the end of 10 years. Then add together). (15 Points)