Question: Question 8 5 pts As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 25 years, the coupon

Question 8 5 pts As with most bonds, consider a bond

Question 8 5 pts As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 25 years, the coupon rate is 9% paid semiannually, and the discount rate is 16%. What is the estimated value of this bond today? Enter your answer in dol rs, rounded the ne rest cent

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