What is the present value of a 1000ndashface value coupon, Business Economics

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What is the present value of a 1000ndashface value coupon

What is the present value of a $1,000–face value coupon bond with 7 years to maturity and a $100 annual coupon payment if the annual interest rate is 10%? What is the present value of a $1,000–face value coupon bond with 7 years to maturity and a $100 annual coupon payment if the annual interest rate is 10%?

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