Business, 17.06.2021 23:30 Dweath50

What is the current value of a $1,000 bond with a 8% annual coupon rate (paid semi-annually) that matures in 8 years if the appropriate stated annual discount rate is 5%. Please round your answer to the nearest hundredth.

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What is the current value of a $1,000 bond with a 8% annual coupon rate (paid semi-annually) that ma...