Suppose that General Motors Acceptance Corporation issued a bond with $10$ years until$$ maturity, a face value of $$$$1$ comma $000,$ and a coupon rate of $7\mathrm{.}6\%($annual payments$).$ The yield to maturity on this bond when it was issued was $6\mathrm{.}3\%.$ Assuming the yield to maturity remains$$ constant, what is the price of the bond immediately after it makes its first coupon$$ payment?

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Part $1$

After the first coupon$$ payment, the price of the bond will be $$$

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