b. Determine the va c. Should you sell the bond or continue to own 7-4. (Bond valuation) Calculate the value of a bond that will mature in 14 ye has a $1,000 face value. The annual coupon interest rate is 5 percent, and the in required rate of return is 7 percent. At the beginning of the year, you bought a $1,000 par va 10-year maturity date