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6 An 8% annual coupon bond, with a face value of $1,000 that matures in 15 years, pays interest annually, and has a yield to

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6 An 8% annual coupon bond, with a face value of $1,000 that matures in 15 years, pays interest annually, and has a yield to maturity of 9.75 percent. What is the current market price of the bond? Round to the nearest cent. Do not a dollar sign in your answer. (i.e. If your answer is $432.51, then type 432.51 without $ sign)

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