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#7 Cinqua Terra Incorporated issued 10-year bonds three years ago with a coupon rate of 7.125% APR. The bonds pay semi-annual coupons, have a face

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#7 Cinqua Terra Incorporated issued 10-year bonds three years ago with a coupon rate of 7.125% APR. The bonds pay semi-annual coupons, have a face value of $1,000.00 each and were issued at par value. What is the price of the Cinque Terra bond's today if investors want a 5.63% APR return for bonds of similar risk and maturity? Submit Answer format: Currency: Round to: 2 decimal places

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