Question 4 1 p = a An n = 8 year bond is issued with quarterly coupons and a face (par) value of F = $700. The coupon rate is a nominal annual rate of r= 4.5% compounded quarterly. The yield rate is a nominal annual effective rate of i = 5.12% compounded quarterly. Determine the book value of the bond after the k=14th payment. (Assume the bond is redeemed at face value at maturity i.e. assume F=C). Enter your answer to the nearest cent