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How do I calculate the value of this bond? Calculate the value of the bond shown in the followingtable, assuming it pays interest annually .

How do I calculate the value of this bond?

Calculate the value of the bond shown in the followingtable, assuming it pays interest annually.

Par value - $1,000

Coupon interest rate - 5%

Years to maturity - 11

Required return - 11%

(Round to the nearestcent.)

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