$($Bond valuation$)$ Enterprise, Inc. bonds have an annual coupon rate of $14$ percent. The interest is paid semiannually

and the bonds mature in $6$ years. Their par value is $$1,000.$ If the market's required yield to maturity on

a comparable$-$risk bond is $15$ percent, what is the value of the bond? What is its value if the interest is paid annually?

a$.$ The value of the Enterprise bonds if the interest is paid semiannually is $

$($Round to the nearest cent.$)$