Bond valuationSemiannual interest Find the value of a bond maturing in 6 years, with a $1,000 par value and a coupon interest rate of 10% (5% paid semiannually) if the required return on similar-risk bonds is 14% annual interest (7% paid semiannually). The present value of the bond is $ (Round to the nearest cent.) rai alat rce Enter your answer in the answer box