Given;

A $5\%,30$ year coupon bond, par and maturity values are $$1,000.$ The bond currently has $10$ years left to maturity and current interest rates are now $7\%,$

calculate the current price of the bond

Question $3$ options:

$1)$

$$975$

$2)$

$$1000$

$3)$

$$860$

$4)$

not enough information to calculate the price