Note: Coupons are paid semi$-$annually unless otherwise noted. Coupon rates and yield

are annual numbers unless otherwise noted. Par value$/$face value is always $$1000.$ All

bonds have a par value of $$1000.$

years to maturity coupon rate yield to maturity

$25$

$10\mathrm{.}6\%,9\%$

What is the value of the bond?

Answer: