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As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 14 years, the coupon rate is 13% paid

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As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 14 years, the coupon rate is 13% paid semiannually, and the discount rate is 3%. What is the estimated value of this bond today? Enter your answer in terms of dollars, rounded to the nearest cent, and without the dollar sign ('\$'). So, for example, if your answer is $546.3456, then enter 546.35

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