4) The share price of a major food manufacturer facing several lawsuits related food poisoning plunged. The required rate of return of the firm's bond issue rose significantly from 10% p.a. to 16% p.a. If you had purchased one of the bonds at par value of $1,000 at issue, what is the current value of your bond? The bond has 15 years to maturity and a coupon rate of 8%, with coupon being paid semi-annually