Question: I will submit my handwritten work to the corresponding show your work assignment I am subject to the University Academic Integrity Policy should the instructor

I will submit my handwritten work to the corresponding show your work assignment I am subject to the University Academic Integrity Policy should the instructor find out or has reason to suspect that I have receive any expressly prohibited assistance in completing this examination. What is the present value of a 7% coupon bond that matures in 15 years assuming the current market rate is 4%? (format answer as XXXX.XX)

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