AMTX recently issued a new bond that mature in $10$ years. It has a par value of $$1,000$ and

an annual coupon of $6\%.$ If the current market interest rate is increases from $6\%$ to $10\%,$

how much will the bonds increase in value?

The bonds will not increase in value

$1,000$

$245\mathrm{.}78$

$754\mathrm{.}22$