PRINTER VERSION 4 BACK MOT RESOURCES stion 10 As a $1,000 face value band has a rate of 7.5 percent pold semiannusty and he weight year Ire If intors are wing to accept a 10 centrate of retum en harde of sinir quality, what is the present value or worth of this band (Aoud factar value calculations to 5 decimaxes e 0.53795. Round other intermediate cakulations to 2 decimal places, . 52.75. And final answer to rest allar amount) Presente Attempts of used SAV FORLATE SUIT WE PLUS Mellach susten Annectioneren Finance, 168, WileyPLUS Custom Course for Grand Canyon University PRINTER VERSION OURCES Question 10 Assume a $1,000 face value bond has a coupon rate of 7.5 percent paid semiannually and has an eight-year life. If investors are willing to accept a 10.6 percent rate of return on bonds of similar quality, what is the present value or worth of this bond? (Round factor value calculat decimal places, e.. 0.52755. Round other intermediate calculations to 2 decimal places, e.g. 52.75. Round final answer to nearest dollar amount.) Present value $ Attempts: 0 of 2 used SAVE FOR LATER SUB