Question: please help solve question 14 with steps Answered - Correct! . 2 attempts left - Resubmit Question 14 Homework . Answered An annual coupon bond

please help solve question 14 with steps

Answered - Correct! . 2 attempts left - Resubmit Question 14 Homework . Answered An annual coupon bond has a face value of $1,000 and a coupon rate of 5.2%. Time to maturity is 19 years and the current yield to maturity is 6.2%. How much is this bond worth? Round to the nearest cent (two decimal places). Type your numeric answer and submit 318.89 You are incorrect Answered - Incorrect. 1 attempt left Resubmit mb Question 15

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