(Bond valuation) Calculate the value of a bond that will mature in 16 years and has a $1,000 face value. The annual coupon interest rate is 11 percent, and the investor's required rate of return is 14 percent. The value of the bond is S. (Round to the nearest cont.) (Bond valuation) Calculate the value a bond that will mature in 16 years and has a $1,000 face value. The annu The value of the bond is $. (Round to the nearest cent.) alue. The annual coupon interest rate is 11 percent, and the investor's required rate of return is 14 percent