s 14,000,000 Do the Math 14-2 Bond Selling Price What is the market price of a $1,000,8 percent bond paying a semiannual coupon if comparable market interest rates drop to 6 percent and the bond matures in 15 years? (Hint: Use Appendix A. 2 and Appendix A-4.) Round Present Value of a Single Amount and Present Value of a Series of Equal Amounts in intermediate calculations to four decimal places. Round your answer to the nearest dollar. S Do the Math 14-3 Market Price What is the market price of a $1,000,8 percent bond paying a semiannual coupon if comparable market interest rates rise to 12 percent and the bond matures in 14 years? Round your answer to the nearest dollar. (Hint: Use Appendix A-2 and Spendix A-_) Round Present value of a Single Amount' and Present value of a Series of Equal Amounts' in intermediate calculations to four decimal places. s