Calculate the value (price) of a $5,000 par value bond which pays quarterly interest at an annual coupon rate of 6.02% and has 12 years until maturity. The yield on similar risk bonds is currently 6.95% (nominal annual with quarterly compounding). Answer in dollars to two decimal places. Calculate the value (price) of a $5,000 par value bond which pays quarterly interest at an annual coupon rate of 6.02% and has 12 years until maturity. The yield on similar risk bonds is currently 6.95% (nominal annual with quarterly compounding).