In order to accurately assess the capital structure of a firm, it is necessary to convert its balance sheet figures from

[answerhappygod]

In order to accurately assess the capital structure of a firm,
it is necessary to convert its balance sheet figures from
historical book values to market values. KJM Corporation's balance
sheet (book values) as of today is as follows:
The bonds have a 6.9% coupon rate, payable semiannually, and a par
value of $1,000. They mature exactly 15 years from today. The yield
to maturity is 10%, so the bonds now sell below par. What is the
current market value of the firm's debt? Do not round your
intermediate calculations.