A homeowner has only three monthly payments left on his fully-insured mortgage, amortized over 240 months, which today has three monthly payments remaining. Assume that the coupon payment owed for month 58 is $1200.00, the coupon for month 59 is $1000.00 and the coupon for the final month is $800.00. Your supervisor assigns you the task of calculating its market value as of month 237 (today), following payment of this month's coupon payment. If current trading in riskless individual mortgage coupons determines the current market value of a dollar receivable one month from today at 98 cents, the current value of a dollar two months from today at 96 cents, and the current value of a dollar three months from today at 94 cents, your estimate of the market value of these remaining coupon payments today (today being month 237) is $2,888.00 $2, 482.26 $3,888.00 $2,654.11 $1,054.11