Devine Divots issued a bond a few years ago. The bond has a face value equal to

Rick bought a bond when it was issued by Macroflex Corporation $14$ years ago. The bond, which has a $$1,000$ face value and a coupon rate equal to $10$ percent, matures in six years. Interest is paid every six months; the next interest payment is scheduled for six months from today. Assuming the yield on similar risk investments is $14$ percent, calculate the current market value $($price$)$ of the bond.