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Calculate the dollar amount of interest and the approximate market value for a $1000 bond that had an interest rate when issued of 6.45%, and

Calculate the dollar amount of interest and the approximate market value for a $1000 bond that had an interest rate when issued of 6.45%, and the interest rate for comparable bonds today is 5.85%.

Dollar amount of interest: $64.50. Approximate market value: $1,102.56.

Dollar amount of interest: $59.00. Approximate market value: $1,008.55.

Dollar amount of interest: $59.00. Approximate market value: $751.59.

Dollar amount of interest: $64.50. Approximate market value: $821.66.

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