oose that General Motors Acceptance Corporation issued a bond with 10 years until maturity, a face value of $1,000, and a coupon rate of 7.4% (annual pay re it makes its first coupon payment? maturity on this bond when it was issued was 5.5%. Assuming the yield to maturity remains constant, what is the price of the bond immediat re the first coupon payment, the price of the bond is ? (Round to the nearest cent.)