Question: Value a bond that is $ 1 , 0 0 0 par, semi - annual coupon payments, 1 6 years to maturity, 9 % coupon

Value a bond that is $1,000 par, semi-annual coupon payments, 16 years to maturity, 9% coupon rate, and with an 9% required (market) rate.
Note: Show your answer in units of dollars, use plain numbers with at least two digits after the decimal (e.g., for $12,345.67. type 12345.67).
Value a bond that is $1,000 par, semi-annual coupon payments, 16

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