Kim Shaw is considering the purchase of a 19 year bond that pays a coupon rate of 7.75% over the life of the bond (annual payments) and a face value of $1000 that is returned at the bond's maturity. Using a yield to

maturity of 7.50%, calculate to the nearest penny the value of the bond today

You have 55 minutes, 49 seconds let List Notes Kim Shaw is considering the purchase of a 19 year bond Pat pays a coupon rate of 7.75% over the life of the bond (annual payments) and a face value of $1000 that is retumed at the band's maturity Using a yield to maturity of 7,50%, calourate to the nearest geeny the value of the bond today m Place your answer in dollar and cents without a dollar sign or comma. For example, an answer of one thousand seventy five dollars and forty five cents would be entered 1075.45, Work your anelyen uang at imest fr decimal places of accuracy SUBMIT ANSWER aton