Suppose that you are considering investing in a 4-year bond that has a face value of $1,000 and a coupon rate of 6%. a.) If the market interest rate on similar bonds is 6%, the price of the bond is $ nearest cent.) (Round your response to the

Suppose that you are considering investing in a 4 -year bond that has a face value of $1,000 and a coupon rate of 6%. a.) If the market interest rate on similar bonds is 6%, the price of the bond is $ (Round your response to the nearest cent.) Suppose that you are considering investing in a 4 -year bond that has a face value of $1,000 and a coupon rate of 6%. a.) If the market interest rate on similar bonds is 6%, the price of the bond is $ (Round your response to the nearest cent.)