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You are considering purchasing a bond. The bond will pay you $100 at the end of each year for 20 years. At the end of

You are considering purchasing a bond. The bond will pay you $100 at the end of each year for 20 years. At the end of the 20th year, the bond will also pay you back its $1,000 face value. Assuming a 4% discount rate, how much is this bond worth today? Round to the nearest dollar.

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