Calculate the value of a bond that is expected to mature in 18 years with a $1,000 face value.The coupon rate is 4%,and the required rate of return is 8%.Interest is paid annually.

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The Answer of Calculate the value of a bond that is expected to mature in 18 years with a $1,000 face value.The coupon rate is 4%,and the required rate of return is 8%.Interest is paid annually.

Calculate the Value of a Bond That Is Expected to Mature