What is the maximum price you will pay for a bond with a face value of $1,000 and a coupon rate of 14%, paid annually, if you want a yield to maturity of 10%? Assume that the bond will mature in 10 years and the first payment will be received in one year. Click the icon to view the interest and annuity table for discrete compounding when i = 10% per year. The maximum price you will pay for a bond is $ (Round to the nearest cent.)