An investor purchases a 20-year, $1000 par value bond that pays semiannual interest of $50. If the semiannual market rate of interest is 6%, what is the current market value of the bond? (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

$1752.

$849.

$889.

$1000.