Pecos Manufacturing has just issued a 15-year, 11% coupon interest rate, $1,000-par bond that pays interest annually. The required return is currently 12%, and the company is certain it will remain at 12% until the bond matures in 15 years.

Assuming that the required return does remain at 12% until maturity, find the value of the bond with

(1)15 years,

(2) 12 years,

(3) 9 years,

(4) 6 years,

(5) 3 years,

(6) 1 year to maturity.