Question: Hampton Ulities issues a bond with a $1,000 par value that pays $30 in annual interest. It matures in 20 years. Your required rate of

Hampton Ulities issues a bond with a $1,000 par value that pays $30 in annual interest. It matures in 20 years. Your required rate of return is 4% Calculate the value of the bond. (Round to the nearest cent, le 86.56, do not include $sign) Numeric Respone

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