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Bond valuation-Semiannual interest. Find the value of a bond maturing in 10 years, with a $1,000 par value and a coupon interest rate of 11%

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Bond valuation-Semiannual interest. Find the value of a bond maturing in 10 years, with a $1,000 par value and a coupon interest rate of 11% ( 5%5 paid serniannualy) if the roquirod return on similar-risk bonds is 15% annusl interest (7.5% paid semiannually) The present value of the bend is ? (Round to the nearest cont,)

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