Question: Question 2 (20 points): The $1,000 face value ABC bond has a coupon rate of 6%, with interest paid annually, and matures in 5 years.

 Question 2 (20 points): The $1,000 face value ABC bond has

Question 2 (20 points): The $1,000 face value ABC bond has a coupon rate of 6%, with interest paid annually, and matures in 5 years. If the bond is priced to yield 8%, what is the bond's value today

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