$3.$ WLS had a decision to make regarding how to pay for that new equipment. They decided NOT to try to sell more common stock, opting instead to sell bonds. Their bonds sold for $($face$/$maturity value$)$ $$1\mathrm{.}000.$ They have a maturity of $20$ years. The coupon on the bonds was $6\%.$ Let$$s say you bought a WLS bond when it was issued in $2018.$ Ten years later you sell your WLS bond in the secondary market. You find that similar bonds now are carrying $6\%$ coupon. If that$$s the case what should be the value your WLS now in $2021?$ Show the formula and the work!!