Your broker offers to sell for $1,070 a AAA-rated bond with a coupon rate of 7 percent and a maturity of seven years. Given that the interest rate comparable debt is 6 percent, calculate the bond's price. Assume that the bond pays interest annually. Use Appendix B and Appendix D to answer question. Round your answer to the nearest dollar s your broker fairly pricing the bond Select,so the bond be purchased. should not