Assume that you are considering the purchase of a $1,000 par value bond that pays a coupon of $70 every six months and has 8 years to go before it matures. If you buy this bond, you expect to hold it for two years and sell it in the market. You expect the market to require an annual rate of 10% when you sell the bond. What will be the vale of the bond when you sell it at the end of two years. (Handwritten work please)