$($Continuing from Question $6)$ Suppose right after you purchase the bond in Question $6,$ the YTM increases to $8\%,$ the bond price will become $

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Instruction: Type ONLY your numerical answer in the unit of dollars, NO $ sign, and round to one decimal places. E$.$g$.,$ if your answer is $$1,001\mathrm{.}56,$ should type ONLY the number $1001\mathrm{.}6,$ NEITHER $$1001\mathrm{.}6,$$$1,001\mathrm{.}6,$ NOR

Otherwise, Blackboard will treat it as a wrong answer.