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1 points You are considering the purchase of a $1,000 face value bond issued by ABC company. The bond pays 5 percent coupon interest per

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1 points You are considering the purchase of a $1,000 face value bond issued by ABC company. The bond pays 5 percent coupon interest per year, with the coupon paid annually. The bond matures in 3 years. If the required rate of return (r) on this bond is 8 percent. What is the curent value of the bond (V.)? (Round your answer to 2 decimal places) Moving to another guestion will see the response Question 2 1 points You are considering the purchase of a $1,000 face value bond issted by ABC company. The bond pays 5 percent coupon interest per year, with the coupon paid armally. The bond matures in 3 years. If the required rate of retum (rs) on this bood is 8 percent. What is the current value of the bond (V? (Round your answer to 2 decimal places)

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