Question: Hi I received the below test question as wrong and am trying to understand how to identify the correct answer in excel. What is the

Hi I received the below test question as wrong and am trying to understand how to identify the correct answer in excel. What is the value of a bond that has a par value of $1,000, a coupon rate of 7.27 percent (paid annually), and that matures in 25 years? Assume a required rate of return on this bond is 10.77 percent.

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