The silue of ae boed is b. Gloued ta the seaved cest? (Related to Checkpoint 9.3) (Bond valuation) Calculate the value of a bond that matures in 17 years and has a $1,000 par value. The annual coupon interest rate is 13 percent and the market's required yield to maturity on a comparable-risk bond is 8 percent. The value of the bond is $ (Round to the nearest cent.)