Question: Need help. Please explain how to calculate thus. * 27.1 Question 14 (Algo) suppose that a bond promises to pay 59097 20 in two years'

Need help. Please explain how to calculate thus.

* 27.1 Question 14 (Algo) suppose that a bond promises to pay 59097 20 in two years' time. The market interest rate is 14 percent. The present value of the bond is $ 7000. (Round your response to the nearest dollar) * 27.1 Study Exercise 11 (Algo) Imagine a bond that promises to make

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