You bought a 10-year, 7% semi-annual coupon bond today and the current market rate of return is 5.9%. The bond is callable in 6 years with a $1061 call premium. What price did you pay for your bond? Price of the bond today (nearest cent) = **** please answer this question...

I have an example below on a similar one if this would help -- I do not need answer to one below though

You bought a 10-year, 8.8% semi-annual coupon bond today and the current market rate of return is 6.9%. The bond is callable in 4 years with a $1066 call premium. What price did you pay for your bond? Price of the bond today (nearest cent) =

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Points Earned:	0.0/2.0
Correct Answer(s):	Price of the bond today (nearest cent) =: 1115.76