Question: as with most bonds, consider a bond with a face value of $1000. the bond's maturity is 21 years, the coupon rate is 7% paid

as with most bonds, consider a bond with a face value of $1000. the bond's maturity is 21 years, the coupon rate is 7% paid semiannually, and the discount rate is 14%.

what is the estimated value of this bond today?

As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 21 years, the coupon rate is 7% paid semiannually, and the discount rate is 14%. What is the estimated value of this bond today? Enter your answer in dollars, rounded to the nearest cent

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