Quantitative Problem: Potter Industries has a bond issue outstanding with an annual coupon of 6% and a 10 -year maturity, The par value of the bond is $1,000. if the going annual interest rate is 8%, what is the value of the bond? Do not round intermediate calculations. Round your answer to the nearest cent. s. Quantitative Probiemt Potter Industries has a bond issue outstanding with a 6% coupon rate with semiannual payments of $30, and a 10year maturity, The par yalue of the bend is $4,000, If the going annual interest rate is 8%, what is the value of the bond? Do not round intermediate calculations, Round your answer to the nearest cent