Question: What is current value for this problem? Par = 1,000 semiannual payments coupon rate = 7% matures in 20yrs but is issued in 10 yrs

What is current value for this problem?
Par = 1,000
semiannual payments
coupon rate = 7%
matures in 20yrs but is issued in 10 yrs
by now interest rates are 5% for an equivalent risk bond.

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