What is the value of a bond that matures in 17 years, makes an annual coupon payment of $50, and has a par value of $1,000 ? Assume a required rate of return of . 0590 . Instruction: Type your answer in dollars, and round to two decimal places. E.g., if your answer is $77.77, you should type ONLY the number 77.77 , neither $77.77,78, nor 77.8 . Otherwise, Blackboard will treat it as a wrong answer. Selected Answer: 923.89 Response Feedback: A bond's value is the PV of all cash flows. You have everything you need to discount all the bond's cash flows