Q $6-(25$ Points$)$

If You are given the following Data for a COUPON BOND:

Nominal $($Face$)$ Value$=$$$1,000$

Term$=2$ Years

Yearly Coupon Rate $=5\%$

Market Yield $($interest Rate$)=7\%$

Calculate the Market Value $($Price$)$ of this Coupon Bond, considering that the Coupon Payments are done;

a$)$ Annually

b$)$ Semi$-$Annually.