Question: Question 5 5 pts As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 26 years, the coupon

Question 5 5 pts As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 26 years, the coupon rate is 4% paid annually, and the discount rate is 17%. What should be the estimated value of this bond in one year? Enter your answer in terms of dollars, rounded to the nearest cent. |
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