The Milken Investment Fund buys $62$ bonds of the Levine Corporation through its broker. The bonds pay $12$ percent annual interest. The yield to maturity $($market rate of interest$)$ is $14$ percent. The bonds have a $20-$year maturity. Assume the par value of the bonds is $$1,000.$ Using an assumption of semiannual interest payments, $($Use a Financial calculator to arrive at the answers. Enter positive values as answers. Round the final answers to $2$ decimal places.$)$

a$.$ Compute the price of the bond.

b$.$ Compute the total value of the $62$ bonds.

$\backslash$table$[[$a$.$ a$.$Price of the bond,$$966\mathrm{.}68$ b$.$ Total value,$$44,734\mathrm{.}16$