Calculate the price of a five-year bond that has a coupon rate of 8.5 percent paid annually. The current market rate is 5.30 percent. (Round answer to 2 decimal places, e.g. 5,275.25.) Price of bond $ You are considering investing in a 10-year zero coupon bond that compounds interest semiannually. The face value of bond is $1,000. If the current market rate is 5.30 percent, what is the maximum price you should have to pay for this bond? (Round intermediate calculations to 5 decimal places, e.g. 1.25145 and final answer to 2 decimal places, e.g. 52.75.) Maximum price to be paid $ ta