Given the following information: Current Interest Rate is 14% There are 3 different scenarios:

Interest Rate can stay the same at 14% with probability 0.3 or increase to 16% with probability 0.23 or decrease to 12% with probability 0.47

Bond's information: Maturity is 24 years, Coupon is 14% , paid annually, Par value is $1,000

Call Price is $1,112

If the bond can be called immediately, the price of the callable bond is $______ .

If there is a call protection period of 6 year(s), the price of the callable bond is $______