You are thinking of buying a bond today. This bond is expected to pay $30 every year for 4 years and the bond will also pay a lump sum of $1000 at the end of year 4. If the nominal interest rate is 6% APR but compounded monthly, how much are you willing to pay for each share of this bond today?

Please show your formula in your answer and explain step-by-step calculation to arrive to your final answer.