A bond

A bond that matures in 15 years has a ​$1,000 par value. The annual coupon interest rate is 12 percent and the​ ;market’s required yield to maturity on a​ ;comparable-risk bond is 14 percent. What would be the value of this bond if it paid interest​ ;annually? What would be the value of this bond if it paid interest​ ;semiannually?

a.  The value of this bond if it paid interest annually would be $. ​(Round to the nearest​ ;cent.)