consider an annual coupon bond with a face value of 100, 14 years to maturity and a price of 95. the coupon rate on the bond is 7%.

consider an annual coupon bond with a face value of 100, 14 years to maturity and a price of 95.00. the coupon rate on the bond is 7%. if you can reinvest coupons at a rate of 3% per annum then how much money do you have if you hold bond to maturity? Round to the nearest cent