Whatcha Mining Ltd has recently restructured its outstanding bond issue. The bond issue has 10 years remaining to maturity and an annual coupon rate of 10%. Before the debt restructuring the coupon payments were being made on an annual basis. Under the new arrangements the firm is permitted to make no coupon payments during years 1 through 5. After that period, normal coupon payments will resume. At maturity, the face value of $1,000 per bond plus all the deferred (that is, unpaid) coupons will be paid to investors. If the required rate of return on these bonds is 15% p.a., calculate the current market price of the firm's bonds. (Hint: Use a time line to help you visualize the cash flows from this bond.) Show all calculations.