Question: Please help me solve this! I have been struggling a while and mainly I need the PROCESS. Give right answer with proper explanation kudos! Show

Please help me solve this! I have been struggling a while and mainly I need the PROCESS. Give right answer with proper explanation kudos!

Show your process to get the number, thanks!

Corp issued a $1,000 par value bond paying 8 percent interest with 15 years to maturity. Assume the market rate of interest is 10 percent. What is the value of this bond? Do annual analysis

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