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help please.1 (Related to Checkpoint 9.3) (Bond valuation) Calculate the value of a bond that matures in 18 years and has a $1,000 par value.

help please.1
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(Related to Checkpoint 9.3) (Bond valuation) Calculate the value of a bond that matures in 18 years and has a $1,000 par value. The annual coupon interest rate is 14 percent and the market's required yield to maturity on a comparable-risk bond is 15 percent. The value of the bond is $ (Round to the nearest cent)

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