Haddock Corp. purchased ten $1,000 0% bornds of Solar Corporation whan the market rate of interest was 12%. Interest is paid somiannually, and the bonds will mature in six years. Using the PV function in Excel", compute the price Haddock paid (the presont valuo) for the bond investment (Assume that all payments of interest and principal occur at the end of the period, Round your answer to the noarest cont.)