= Homework: Chapter 6 Question 8, P 6-18 (simil... HW Score: 54.55%, 6 of 11 points O Points: 0 of 1 Save Suppose that General Motors Acceptance Corporation issued a bond with 10 years until maturity, a face value of $1,000, and a coupon rate of 7.4% (annual payments). The yield to maturity on this bond when it was issued was 6.2%. What was the price of this bond when it was issued? When it was issued, the price of the bond was $ (Round to the nearest cent.)